Holding on to around 30-million-barrel-a-day production ceiling could land OPEC's powerbroker with its own Arab Spring, one industry expert has warned.
The prolonged slump in oil prices has eaten away the huge cash pile of Saudi Arabia, forcing the oil giant to introduce austerity measures such as cuts to subsidies it offers its citizens that can potentially fuel social unrest.
Andrew Su, chief executive of Australian brokerage Compass Global Markets, told CNBC, "When the Saudis and OPEC moved to push prices lower last year, they were trying to keep pressure on Russia and the US shale producers. That has happened."
"[But] the last thing they want to do is to have prices stay at these levels for too long because that will have an impact on their own economies and more importantly, it will have an impact on their social and political stability."