Mohammad bin Salman

Saudi Arabia’s monarch cuts minister salaries

Saudi Arabia canceled bonus payments for state employees and cut ministers’ salaries by 20%, its latest steps to rein in a budget deficit that ballooned amid the oil price slump. The government also curbed allowances for state …

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 Brent falls below $38

The drop in oil prices on global markets caused by doubts about the effectiveness of the meeting in Doha on April 17 continues. As of 07:39, the price of a barrel of Brent crude dropped 0.13%, reaching $37.64. WTI oil prices dropped …

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Oil continues to fall after Saudi prince's statement

The drop in oil prices on global markets caused by the deputy crown prince of Saudi Arabia Mohammed bin Salman's statement continues. As of 08:03, the price of a barrel of Brent crude dropped 0.98%, reaching $38.28. WTI oil prices …

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