Note that Prince Alwaleed has had an apparent falling out of favor.
One major reason was that his strategy to decimate the US Fracking Industry failed as the US has become a net exporter of oil.
Throughout this decade, Prince Alwaleed led OPEC to keep their production high resulting in collapsing prices. He had hoped that collapsing oil prices would cause the nascent US Fracking drillers to go out of business, and they indeed suffered but found ways to stay in business. Now that the US is a net oil exporter, Alwaleed’s leadership is considered a failure.
Note that the Bakken region alone has more than 10 X the proven oil reserves of all of Saudi Arabia.
“..Note that the Bakken region alone has more than 10 X the proven oil reserves of all of Saudi Arabia. ..”
Says it all .
MAGA !!