Saudi Arabia Plans $1 Trillion Investment in Non-Oil Sectors, Intends to Cut Down Oil Spending
According to Goldman Sachs analysts, “The capex super-cycle will likely remain an important theme in Saudi ...
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Venezuela’s Controversial Election and Its Global Impact on Oil Markets
Venezuela made efforts to boost their oil capacity and conduct the leadership of Opec with Saudi ...
Saudi Arabia Plans to Raise Nearly $12 bn in Aramco Share Sale
As part of its plan for economic change, Saudi Arabia has already lowered its goals for ...
Aramco Increases Dividend Payout by 30%, Despite Production Cuts
Being the world’s biggest crude oil exporter, Aramco is a major source of income for the ...
IMF Downgrades MENA Growth Forecasts Due to Gaza Conflict, Lower Oil Output
The fund projects that if the Israel-Gaza conflict slows down in Q1 2024, then the growth ...
Saudi Aramco Ordered to Lower Production Capacity Target
Saudi Aramco was asked by the Ministry to step back to the previous target of 12 ...
Global Oil Prices Drop Over 1% Following Saudi Slashes Its Prices
Saudi Arabia reduced the official selling price (OSP) of its flagship Arab Light crude to Asia ...
Saudi Arabia and UAE Officially Joined BRICS
Saudi Arabia and the United Arab Emirates (UAE) have officially joined BRICS from Jan 1, 2024. ...
US to Set a Global Record for Highest Oil Production by Any Country Ever
The President of the United States, Joe Biden, wants to end the use of fossil fuels ...
Oil Investors are Worried About Various Concerns Amidst Oversupply in 2024
Global oil investors will be waiting for the supply data from the first quarter from OPEC+ ...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
