Saudi Arabia undisturbed by falling oil prices

Riyadh

AHMED al-Ghaith pulled his Dodge Durango into a petrol station in central Riyadh and told the attendant to fill it up. In a country where petrol sells for 45 US cents a gallon, that cost him US$12.

With global oil prices plummeting, you might think people in Saudi Arabia, a nation synonymous with oil, where 90 per cent of government revenue comes from holes drilled in its majestically profitable sands, would be freaking out.