The drop in oil prices on global markets caused by the deputy crown prince of Saudi Arabia Mohammed bin Salman's statement continues.
As of 08:03, the price of a barrel of Brent crude dropped 0.98%, reaching $38.28. WTI oil prices dropped by 1.17% to $36.35 per barrel, RIA Novosti reports.
Recall, as Vestnik Kavkaza reported, Mohammed bin Salman said on Friday that Saudi Arabia will only freeze its oil output if Iran does so first.