--- description: "You better believe it is gonna go down more," Alwaleed bin Talal said. title: Saudi Prince Says We'll 'Never' See $100 Oil Barrels Again image: https://static.time.com/v3/assets/bltea6093859af6183b/blt5caff1bfc128a1a4/6987795e5f570f661db14a26/486109287.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Markets](/tag/markets/) ## Markets Update your preferences in [Account Settings](/account/preferences/) Close # Saudi Prince Says We'll 'Never' See $100 Oil Barrels Again by [Laura Stampler](/author/laura-stampler/) ## Laura Stampler Update your preferences in [Account Settings](/account/preferences/) Close Jan 12, 2015 1:16 PM CUT  Saudi Prince Alwaleed bin Talal visits Zaatari camp for Syrian refugees northeastern Jordan Saudi Prince Alwaleed bin Talal visits Zaatari camp for Syrian refugees northeastern JordanJordan Pix—Getty Images by [Laura Stampler](/author/laura-stampler/) ## Laura Stampler Update your preferences in [Account Settings](/account/preferences/) Close Jan 12, 2015 1:16 PM CUT Saudi royal prince Alwaleed bin Talal [says in a new interview](http://www.usatoday.com/story/money/columnist/bartiromo/2015/01/11/bartiromo-saudi-prince-alwaleed-oil-100-barrel/21484911/ "undefined") that the days of $100-a-barrel oil are a thing of the past, as oil prices continue to drop around the globe. Asked by _USA Today_ if prices, recently below $50 a barrel, would continue to plunge, Talal answered: --- > “” --- He also categorized theories that the U.S. and Saudis are colluding to keep prices low to hurt Russian President Vladimir Putin as “baloney and rubbish.” [Read more at _USA Today_](http://www.usatoday.com/story/money/columnist/bartiromo/2015/01/11/bartiromo-saudi-prince-alwaleed-oil-100-barrel/21484911/ "undefined") _Read next:_ [_France Mobilizes 10,000 Troops to Protect Sensitive Sites_](http://www.time.com/3663522/oil-prices-alwaleed-bin-talal/?xid=time%5Freadnext "undefined") [_Listen to the most important stories of the day._](http://www.time.com/newsletter/the-brief/?sl%5Fautoplay=true&xid=spl-fullbrief-article "undefined") ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3663522/oil-prices-alwaleed-bin-talal/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3663522/oil-prices-alwaleed-bin-talal/"},"headline":"Saudi Prince Says We'll 'Never' See $100 Oil Barrels Again","datePublished":"2015-01-12T13:16:42.000Z","dateModified":"2026-02-22T03:29:08.202Z","description":"\"You better believe it is gonna go down more,\" Alwaleed bin Talal said","url":"https://time.com/3663522/oil-prices-alwaleed-bin-talal/","keywords":["Markets","Oil","Saudi Arabia","market"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt5caff1bfc128a1a4/6987795e5f570f661db14a26/486109287.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Laura Stampler","jobTitle":null,"url":"https://time.com/author/laura-stampler/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt5caff1bfc128a1a4/6987795e5f570f661db14a26/486109287.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Al Waleed Bin Talal Visits Zaatari Refugee Camp In Jordan","caption":"Al Waleed Bin Talal Visits Zaatari Refugee Camp In Jordan","creditText":"Jordan Pix—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/markets/","name":"Markets"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3663522/oil-prices-alwaleed-bin-talal/","name":"Saudi Prince Says We'll 'Never' See $100 Oil Barrels Again"}}]}] ```