US-Saudi Arabia Relationship and Oil Market Trends

This chapter explores the evolving relationship between the US and Saudi Arabia, discussing geopolitical factors, initiatives like Westinghouse technology in Saudi nuclear power, and differences in oil markets. It also analyzes three major factors impacting the oil market: the increasing supply from the fragile five countries, China's significant market impact, and slow demand growth. Additionally, the chapter examines the potential impact of US politics on yields and the dollar, as well as the influence of the Chinese economy on global bond yields and currency markets.