Oil continues to fall after Saudi prince's statement

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 dropped by 1.17% to $36.35 per barrel, RIA Novosti reports.

Recall, as Vestnik Kavkaza reported, Mohammed bin Salman said on Friday that Saudi Arabia will only freeze its oil output if Iran does so first.

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