Media reports over the weekend of more arrests in Saudi Arabia

Via the Wall Street Journal ... reports 11 princes were placed under arrest. The 11 were part of a 'sit-in' to protest the government's decision to stop paying electricity and water bills for members of the extended royal family

But, that is not all ... also said be detained because they complained about the concentration of power in the hands of Crown Prince Mohammed bin Salman ....

Yeah, that sounds more like it.

Journal link for more, may be gated


This is unlikely to be a bearish indicator for oil prices.