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Saudi Arabia's new king - Salman bin Abdulaziz

Focus Saudi Arabia oil policy likely to stay under new King Salman

Focus article by Muhamad Fadhil

DUBAI (ICIS)--Saudi Arabia is expected to maintain its "no production cut" policy after the death of King Abdullah bin Abdulaziz, who ruled the world’s biggest crude exporter since 2006 and will be succeeded by his brother Salman, petrochemical industry sources said on Friday.

Abdullah, thought to have been born in 1923, died Friday morning.

Saudi Arabia is the most influential member and largest producer in OPEC and has been a driving force in the organisation’s decision not to lower production in the face of the recent decline in oil prices.

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