Saudi Prince’s comments don’t indicate major change

Comments today by Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman in an interview with Bloomberg confirm our view that Saudi policymakers are comfortable with a period of low oil prices. What’s more, his comments on the privatisation of Aramco and the expansion of the Public Investment Fund don’t seem to suggest anything fundamentally new that will change the near-term economic outlook.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.