Christian Coates O'Rixson is a Middle East research fellow at Rice University's Baker Institute. He says the Saudis have a vested interest in maintaining strong demands for oil and gas. With China and Russia continuing to make aggressive moves, he says role of oil will be even more important here.
OPEC announced this week that it will be slashing oil production – a move that caught many western countries flatfooted, and sparked fears of higher gas prices and spiking inflation. Get the facts first on Morning Wire.
Ad: Birch Gold: No-Cost, No-Obligation FREE Information Kit Text “WIRE"" to 989898