Analysis - Saudi king keeps close hand on oil in remodelling strategic team


  • World
  • Tuesday, 03 Mar 2015

Saudi Arabia's King Salman is seen during U.S. President Barack Obama's visit to Erga Palace in Riyadh January 27, 2015. REUTERS/Jim Bourg

RIYADH (Reuters) - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.

    The most notable change was the promotion of the king's son Prince Abdulaziz bin Salman, long a member of the No. 1 crude exporter's OPEC delegation, to the role of deputy oil minister from assistant oil minister, a post he had held for many years.

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