CLEAN : Saudi says $60 oil not unthinkable by year end

The transcript discusses ambitious plans for the Kingdom, the impact of global demand driven by higher prices, and the importance of balancing economic factors like price variability. It emphasizes the focus on supply and demand over price, highlighting the need to calibrate decisions with major economies and stakeholders, including OPEC. The discussion concludes with the necessity of adapting to changes in business and government environments.

What does the speaker mean by 'grand transitions' and how do they relate to the issues discussed?

In what ways does the speaker suggest adapting to changes in business and government environments?