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Saudi Arabia and Russia took a risky gamble on oil production cuts
In recent months, Saudi Arabia and Russia have easily earned billions of dollars more in oil revenue despite lower production after their decisions to cut production sent crude prices through the roof ...- newidc_fannt
- 2023-9-28
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Expansion of international territory! Krypton Motors has entered four Middle Eastern markets, including the United Arab Emirates and Saudi Arabia
China Geely Holding's high-end intelligent electric brand polar Krypton recently announced that on September 29, it signed a national general agent agreement with four Middle East enterprises, and the ... -
Saudi Arabia has extended oil production cuts until the end of the year
Saudi Arabia has extended oil production cuts until the end of the year as tight supplies continue to support energy prices. The Saudi Press Agency said in a statement that the kingdom would extend a ... -
Saudi Arabia has said it is willing to increase crude production to help seal the Israel deal
Saudi Arabia has told the White House it is willing to boost crude oil production early next year if prices remain high, according to Saudi and US officials. The move is aimed at winning congressional ... -
IMF: Saudi GDP to grow by 4% in 2024 Inflation to move further towards 2%
The International Monetary Fund (IMF) expects Saudi Arabia's gross domestic product (GDP) to grow by 4% next year. "The global economy is limping rather than sprinting," the organization noted. "World ... -
Is Saudi Arabia really full of rich people? The number of billionaires in Riyadh will grow by 85% in the next 10 years, but Hangzhou and Shenzhen will grow faster
Henley & The number of billionaire residents in Riyadh, Saudi Arabia's capital, is expected to grow by 85 percent over the next decade, the third highest growth rate in the world, according to a repor ... -
Less than eight months after its establishment, Saudi Arabian Airlines has been exposed as potentially purchasing 100 more Boeing aircraft next week
According to media reports on Saturday (November 11th), multiple insiders revealed that Saudi Arabian airline Riyadh Air is about to order up to 100 Boeing 737 Max jets to expand its short-haul fleet ...- hyj58015899
- 2023-11-12
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Tesla's market value plummeted by over 7%, evaporating 330 billion yuan overnight! Nvidia surpasses Saudi Aramco and ranks third in the world in market value! This AI concept stock has gone crazy
The three major US stock indexes collectively fell, with the Dow down 0.25%, the Nasdaq down 0.41%, and the S&P 500 down 0.12% as of the close. The performance of large technology stocks is divided, ... -
121.3 billion US dollars! Saudi Aramco's net profit decreased by nearly 40 billion US dollars year-on-year last year, and the annual dividend payout was nearly 100 billion US dollars
On the 10th local time, Saudi Arabian National Oil Company (Saudi Aramco) released a financial report showing that the company's net profit for 2023 was $121.3 billion, lower than the $161.1 billion ...