Shelley Goldberg, Columnist

Saudi Arabia Is Set to Become a Bigger Commodities Player

It's not just all about oil anymore.

November 15, 2017 at 5:01 AM UTC

Shelley Goldberg is an investment adviser and environmental sustainability consultant. She has worked as a commodities strategist for Brevan Howard Asset Management and Roubini Global Economics.

Crown Prince Mohammed is shaking things up.
Photographer: Fayez Nurdeline/AFP/Getty Images

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Saudi Arabia is on its way to becoming a meaningful influence on global commodity prices. It doesn’t produce a broad array of raw materials like the U.S. or China, and it’s not a consumer on the scale of its neighbor, the United Arab Emirates. Yet the economic and political developments in the kingdom have bullish ramifications for the commodity sector and for trade flow.

QuickTake Mohammed bin Salman