PRINCE Abdulaziz bin Salman, a son of Saudi Arabia's king, has pledged that there will be no change in Saudi oil policy after taking over as Energy Minister following the dismissal of Khalid al-Falih, who orchestrated production cuts between Opec and non-members such as Russia. It is the first time a member of the ruling Al-Saud family has been given direct stewardship of the Energy Ministry, which sets policy and co-ordinates efforts within Opec to stablise the oil market. The prince, in his first remarks as Energy Minister, told a conference in Abu Dhabi that the world's top oil exporter will keep working with other producers to achieve market balance.
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