The Saudis need the money, due to having to diversify their economy. MBS is starting to take out the Wahhabi elite, but it can backfire. So he needs to pacifiy the crowd. So we see Ronaldo and co going to Saudi Arabia, massive construction projects lining the country and other other massive spending programs. So the Saudis need a high oil price. Pissing of the US is just a nice thing to do, as they did not protect them against Iran, when they attacked a refinery a few years back.
The best thing to happen, would be a massive economic crisis in China with a strong push towards EVs in the West and especially in the US. It might happen, but right now it looks like Chinas demand is not falling as fast as expected and well the US loves to drive cars as big as WW2 tanks.