Energy Minister Al-Falih says oil market intervention is unnecessary Saudi Arabian Energy Minister Khalid Al-Falih has effectively ruled out the possibility that major oil producers will agree a production cut next month, Reuters reported on 25 August. “We don’t believe…
Day: August 26, 2016
Saudi Arabia aims for autumn float for international bonds
Saudi Arabia is planning to invite bids for $10bn worth of international bonds after September, Bloomberg has reported. This will be Saudi Arabia’s first international bond issue. The borrowing will be the largest by a Middle East sovereign in the…