Middle East Economic Survey


No 12


Saudi Arabia Regains Control Of Market And OPEC, Says LCM Research

Saudi Arabia has regained control over the market and over OPECs frequently unruly members as a result of the 15 March OPEC meeting in Vienna, LCM Research concluded in The Week Ahead, published on 16 March. According to LCM, the Vienna meeting reinforced the Saudi position that there should be no additional cut in output until there is better compliance with the groups...