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oil prices

Oil falls as Saudi, Russian output rises

LONDON: Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. Benchmark Brent crude oil fell $1.24 a barrel to a low of…

Saudi Arabia in huge new bond sale to finance deficit

RIYADH: Saudi Arabia on Thursday announced it had undertaken another multi-billion dollar bond sale to finance a persistent budget deficit left by low oil prices. The world's top crude oil exporter raised $12.5 billion (10.6 billion…

Saudi budget deficit halves after reforms, oil rebound

RIYADH: Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said on Sunday, following sweeping spending cuts and a stabilisation in oil prices. The ultra-conservative kingdom has moved to…