Saudi isn’t going to play along with a blanket phase-out of oil, gas –Energy Minister
…and petrochemicals are here to stay
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…and petrochemicals are here to stay
Oil exports fell 27.8% y-o-y to SAR 231 bn in 3Q 2023
It expects non-oil activities to continue accelerating next year with oil activities gradually recovering
The economy is set to shrink for the first time on an annual basis since covid, with the Kingdom’s GDP…
The move comes as the two countries look beyond the USD
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