Me quedo con esto
From the Saudi perspective, the primary benefit of high oil prices has accrued to non-OPEC members. A cut in Saudi or OPEC production to support prices would only further benefit these oil producers. The Saudis are mindful of history. In the mid-1980s, Saudi Arabia cut its output by close to 75% to support weak prices. The Saudis suffered a loss of both revenues and market share. Other OPEC members and non-OPEC producers benefitted from higher prices. In recent years, Saudi Arabia has regained market share, benefitting from the disruption to suppliers such as Iran, Iraq and Libya. The Saudis are reluctant to cut production, preferring to maintain market share rather than prices.