Search TradeFlow

Search

Saudi Arabia budget deficit climbs as OPEC talks

Saudi Arabia’s push for OPEC’s first oil production cut in eight years comes as its finances fall into disarray. The Saudi government’s budget deficit has ballooned to one-fifth of its economic output this year despite its $57 billion in spending cuts since oil prices collapsed. That’s about twice the size of the U.S. deficit in …

READ FULL ARTICLE

Energy

Disclaimer

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Envestor First and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.