Saudi Prince Alwaleed tells CNBC his country will not let oil prices rise above $100/barrel,...

|By:, SA News Editor

Saudi Prince Alwaleed tells CNBC his country will not let oil prices rise above $100/barrel, promising to "use our leverage, our excess capacity to be sure to pump more [oil] if needed." The Prince, Citigroup's (C) biggest shareholder, believes the bank is doing "very very well" and expects it to start paying a higher dividend imminently.