Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.
King Salman
Breaking News
A lavish payout to public employees ordered by Saudi Arabia's new King Salman will help to sustain the kingdom's consumer boom and reassure financial markets that the government is not slashing expenditure in the face of low oil prices.
Subscribe to VCpost newsletter
Most Popular
- Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
- Warren Buffett's Trusted Associate Charlie Munger Dies at 99: What's Next for Berkshire Hathaway?
- Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why
- SoFI Is Exiting the Crypto World — Here Are the 3 Best Alternatives for Trading Crypto
- General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike