Even after public offering to state own Aramco, Saudis are still stuck with OPEC

Saudi Arabia's proposed initial public offering to its state-owned oil company, Saudi Aramco, is fueling talk that it could spell the end of the price-control group known as the OPEC. But there is a crucial point omitted from such a study.

On the ground, it makes sense that after the state-owned oil company has been listed, the future of Saudi membership in OPEC is in doubt. After all, a publicly-traded Aramco wi....