New King in Saudi Arabia Unlikely to Alter Oil Policy

New King in Saudi Arabia Unlikely to Alter Oil Policy

The new King Salman has been arisen as the chief person in the global oil energy market.

King SalmanAfter Becoming the king, he stepped forward quickly to make assurance of global energy market. He made sure the high level of oil production by keeping up the strategies of exporters of the Saudi. But unfortunately, the oil price is going down a prolonged depression. Saudi Arabia is now the obvious unquestionable leader of the Organization of the Petroleum Exporting Countries. But this organization is responsible for the drop in oil price, resisting the cutting production. So the long depression of oil price and inside budget pressure will test king Abdullah’s resolve.


Post a comment here

You must be logged in to post a comment Login

Leave a Reply

@iMZahidIqbal @eZahidIqbal

Member of National Youth Assembly of Pakistan. Writing about developing World technologies and entrepreneurship. Associate at Microsoft BizSpark & International Development Innovation Network. Follow me on Twitter and Facebook.

More in Business

4 Benefits to Investing in a Hot Tub Enclosure

Sarah AliceOctober 10, 2018
Guide to Attracting Wealth

The How to Guide to Attracting Wealth

Sarah AliceOctober 1, 2018
business while on the road

5 Tips to conducting business while on the road

Daisy FlorenceSeptember 17, 2018
investing in an ICO

The top 4 reasons to consider investing in an ICO in 2018

Sarah AliceSeptember 9, 2018

4 Ways that Crediful can help with your financial decisions

Sarah AliceAugust 27, 2018

5 Reasons Why Automated Trading Matters to Investors

Sarah AliceJuly 29, 2018
Promote Your Business

6 Inexpensive Marketing Strategies To Promote Your Business

Liza NicholeJuly 24, 2018

Tips on fastest Bitcoin and cryptocurrency exchange

Staff ReporterJuly 20, 2018
Hiring Contractors for Your Firm

Tips for Hiring Contractors for Your Firm

Sarah AliceJuly 6, 2018

Copyright © 2018 Khaleej Mag