Desperate for new markets, Saudi Crown Prince hawks OPEC oil in India and China

Desperate for new markets, Saudi Crown Prince hawks OPEC oil in India and China
President Donald Trump walks with Saudi Arabia’s Deputy Crown Prince, Mohammed bin Salman, along the West Colonnade of the White House, Tuesday, March 14, 2017. (Official White House Photo by Shealah Craighead)
News & Politics

Caught in the fog of news during the past weeks — the soon to be Mueller report, talks between Kim Jong Un and Donald Trump, and a possible truce in the Trumpain inspired trade war with China — one small but game game changing event has been ignored.  MBS (Mohammad Bin Salman Al Saud), the crown prince and de facto ruler of Saudi Arabia, the leading country in The Organization of the Petroleum Exporting Countries(OPEC), went on the most pedestrian of things: a sales trip.

When OPEC was formed in 1960 it had one basic goal to act as the single cartel controlling the world’s energy market. OPEC’s purpose was never to market or sell its products, it didn't need to. In a world short of energy, nations had few other places to go to for their life supporting energy.

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