Saudi Arabia: Turbulence on the Horizon?

Saudi Arabia: Turbulence on the Horizon?

By Erik Norland, Senior Economist, CME Group

Highlights

  • Oil market unfazed by Saudi Arabia’s ambitious reform plans
  • Princes, billionaires and officials arrested in anti-corruption drive
  • Any backlash could cause instability in Saudi oil-rich Shiite regions
  • U.S. oil companies potential winners if Saudi supply is disrupted
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