saudi - Page 3

Oil Prices Surge Following Saudi Surprise

Oil Prices Surge Following Saudi Surprise John Hugh DeMastri on April 3, 2023 Crude oil prices surged roughly 6% Monday morning following an unexpected Saudi-led decision by OPEC to slash oil production…
April 3, 2023

IMF lowers Saudi 2023 growth forecast to 2.6%

DUBAI (Reuters) – The International Monetary Fund (IMF) has revised its 2023 growth forecast for Saudi Arabia, the world’s top oil exporter, significantly downwards on the back of lower expected output. Growth…
January 31, 2023

Saudi inflation edges up to 3.3% in December

DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data showed on Sunday, with price rises again driven mainly by housing costs.…
January 15, 2023

Saudi non-oil private sector activity eases in December

DUBAI (Reuters) – Growth in Saudi Arabia’s non-oil business activity slowed to a three-month low in December, a survey showed on Tuesday, although higher sales and strong demand ensured firms remained confident…
January 3, 2023
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