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Saudi Arabia's oil price problem
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Saudi Arabia's oil price problem

Saudi Arabia's budget deficit is growing.

​Saudi Crown Prince Mohammed bin Salman (also known as MBS) appointed Saudi Prime Minister, in a government shuffling announced by a Royal Decree, in Jeddah, Saudi Arabia, on September 24, 2022.
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Here comes more Saudi oil

After cutting Saudi oil production beginning in late 2022 to set a floor under slumping global oil prices, Crown Prince Mohammad bin Salman is set to change course.