Just over three months on the job, Saudi Arabia's energy minister has already faced unprecedented challenges.
In the weeks leading up to OPEC's year-end meeting, oil watchers engaged in rampant speculation as to the group's next move, all against the backdrop of an uncertain global economic outlook, the pricing of Saudi Aramco's IPO and the ongoing failure of key OPEC members to comply with cuts.
"He has a quiet authority," a senior aide to the prince said. "He's not easily intimidated by media hype and policy reports. He's very focused on his objective." "1.6 million bpd … I think it would be more effective, no doubt about that," Thamer Ghadhban said. Iraq is one of OPEC's biggest offenders when it comes to compliance, consistently violating output cut agreements.
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