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Saudi Oil Prince Prevails Where Others Failed With OPEC+ Cheats

  • OPEC+ compliance with quotas has rarely been so evenly spread
  • ‘Compensation cuts’ have been an effective tool for discipline
Prince Abdulaziz bin Salman
Prince Abdulaziz bin SalmanPhotographer: Simon Dawson/Bloomberg

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The Saudi royal running the kingdom’s oil policy is achieving something his predecessor never did: bringing the quota cheats of OPEC+ to heel.