surplus

Saudi Arabia will need an oil price of $75 to see a projected surplus of SR90 billion ($24 billion) next year, according to Mazen Al-Sudairi, head of research at Al-Rajhi Capital. The Saudi budget sends a bullish signal to the market, as…
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Qatar has no need to tap bond markets for budget-balancing reasons after a better than expected oil price boosted its revenues, Finance Minister Ali Al-Kuwari said. He told Bloomberg TV that the country would only consider raising fresh…
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