Wall Street Journal | How a Saudi Royal Sparked an OPEC Deal and Sent Oil Prices Past $50 Wall Street Journal Saudi Arabia's deputy crown prince sent his energy minister to an OPEC meeting last month with a difficult mission: Make a deal with rival Iran but don't compromise the kingdom's ability to fight for oil-market share, people familiar with the matter said. Oil rallies as hopes grow for output cut Saudi oil price cuts 'fly in the face' of deal to limit OPEC output Oil rig workers outside Watford, ND, in 2012 (Reuters photo: Jim Urquhart) |