Chakib Kheklil

For the first time ever, an unguarded Saudi oil tanker displacing 318,000 tons (the size of a small island), sailing off the Kenyan coast, was picked off by a band of pirates operating a motorized dinghy.

With OPEC's volition to keep prices at artificial and egregiously high levels, they have forever lost all semblance as suppliers who can be relied upon in good times and bad.