Mohammed bin Salman

The world’s largest oil exporter slashed prices for its crude by the most in more than 30 years, just a day after MBS rounded up the brother and a nephew of his father on accusations of treason.

“The Stone Age did not end for lack of stone. The Oil Age will end long before the world runs out of oil.” — Ahmed Zaki Yamani, former Saudi oil minister

(June 21): Riyadh, Saudi Arabia (AP) -- Saudi Arabia's King Salman on Wednesday appointed his 31-year-old son Mohammed bin Salman as crown prince, placing him firmly as first-in-line to the throne and removing the country's counterterrorism czar a

VIENNA (June 3): OPEC was expected Thursday to keep the oil gushing as a modest recovery in the crude price eases pressure on a cartel riven by Iranian-Saudi rivalry to cut output.