Billionaire Saudi Investor Prince Alwaleed: We Will Never See $100 Oil Again

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Jan 23, 2015

The reason for the recent interest in Saudi Arabia is, of course, oil. Especially now with the price having been cut in half in six months.

With the death of King Abdullah, the market has a lot of questions about what is going to happen in the country. Will they cut production under a new king? Will they sustain production?

Prince Alwaleed weighs in: