Saudi Arabia’s energy minister said Wednesday that an “optimistic” sentiment prevailed at an OPEC meeting meant to agree the cartel’s first oil output cut in eight years. “We don’t know (if a deal will be reached),” Khaled al-Falih told reporters in Vienna as the talks started. “We will find out ...
The Saudi grumbling of unemployment is ramping up pressure on Deputy Crown Prince Mohammed bin Salman as he oversees a tough reform program intended to wean the kingdom off its dependence on oil, The Financial Times reported. In his article, Simeon Kerr talks about the declining economy in Saudi Arabia. ...
