Saudis Raise $12.5B To Plug Budget Deficit From Low Oil Prices – OilPrice.com


Reuters
Saudis Raise $12.5B To Plug Budget Deficit From Low Oil Prices
OilPrice.com
Saudi Arabia has resorted to tapping international bond markets after the oil price crash started to deplete government coffers and the Kingdom started to feel the sting in budget deficits, which were unheard of when oil prices were at US$100 per barrel.
Aramco listing reshapes Saudi Arabia’s OPEC oil policyReuters

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