Mar.24 — Mike Sommers, American Petroleum Institute chief executive officer, says he’d be against the U.S. and Saudi Arabia forming a new oil cartel. He speaks with Bloomberg’s Vonnie Quinn and Amanda Lang on “Bloomberg Markets.”
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In This Story: Saudi Arabia
Saudi Arabia also has one of the world’s youngest populations, with approximately 50 percent of its population of 34.2 million being under 25 years old.