Saudi prince’s oil diplomacy makes mark at OPEC+ meeting debut | World News, The Indian Express

Saudi prince’s oil diplomacy makes mark at OPEC+ meeting debut | World News, The Indian Express

By Bloomberg |Published: September 13, 2019 10:27:47 am

Saudi prince’s oil diplomacy makes mark at OPEC+ meeting debut

While Iraq and Nigeria have promised in the past to mend their ways, this time seemed different -- and the explanation for that may lie with Prince Abdulaziz bin Salman, appointed less than a week ago as energy minister of Saudi Arabia, OPEC’s biggest member.

Saudi Arabia’s new Energy Minister, Prince Abdulaziz bin Salman walks with UAE Energy Minister Suhail bin Mohammed al-Mazroui at the joint Ministerial Monitoring Committee in Abu Dhabi (REUTERS/Ben Job)

Since the launch of its strategy to revive global oil markets three years ago, one of the biggest challenges faced by OPEC and its allies is that not all the producers have pulled their weight. In the subtle diplomacy of Saudi Arabia’s new energy minister, they may at last have found a solution.