Back
2 May 2017
Saudi Prince: Government to decide on oil production ceiling
The Saudi Deputy Crown Prince Mohammed Bin Salman is hitting the wires, via Reuters, stating Saudi Arabia's government will decide on oil production ceiling.
Key headlines (via Reuters):
- Stake in Saudi's Aramco that will be sold will not very far from 5 percent and it will happen in 2018
- Public investment fund will spend 500 billion riyals over 3 years after Aramco IPO