CNBC | OPEC 'powerless to prevent' oil prices jumping toward $100 a barrel this year CNBC OPEC kingpin Saudi Arabia is ill-equipped to prevent a supply shock in the energy market, analysts told CNBC on Monday, as oil traders prepare for the possibility of $100 a barrel before year-end. "Nobody wants to get caught short, full in the ... High Oil Prices Don't Constitute An Emergency Oil Extends Longest Quarterly Rally in a Decade on Supply Risks Saudi Arabia prepares cautious 2019 budget, wary of oil market instability |