Saudi economy can ride out lower oil revenues for now
Riyadh's production cut signals that it is prepared to prop up oil prices even if this risks market share
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In this article
- Market volatility
- Demand growth slowdown
- Drop in OPEC crude requirements
- Buoyant supply
- Robust position
- Budget
- Growth
- Debt and foreign assets
- Balance of payments
- Structural reform impetus?
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_350.jpg "A man looks on as he sits next to a screen showing stock prices at the FALCOM investment bank in Riyadh August (Reuters/Faisal Al Nasser)")