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2016-06-27 18:20:00

SAUDI'S GDP UPDOWN

SAUDI'S GDP UPDOWN

 

OIL PRICES JUNE 2016

 

OIL PRICES 2015 - 2016

According to REUTERS, growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 percent in 2016 from 3.4 percent in 2015, Saudi central bank governor Ahmed al-Kholifey told state television station Ekhbariya.

Kholifey, speaking in an interview broadcast late on Saturday, was responding to a question about Saudi monetary policy and economic growth given global financial market turmoil caused by Britain's decision to leave the European Union.

He said the central bank was continuing to monitor key economic indicators, noting that the point-of-sale aggregate, an indicator of consumption, had risen 15 percent year-on-year in May and that a rebound of oil prices over the past few months had helped to support growth somewhat.

Repeating a central bank statement issued earlier on Saturday, Kholifey said Brexit would not have much impact on Saudi financial institutions because of their limited exposure to Britain and their healthy asset quality.

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Earlier: 

SAUDI'S OIL POLICIES 

THREE MAIN PLAYERS 

КРИСТАЛЛИЗАЦИЯ МИРОВОГО РЫНКА 

PRICE HAVE TO BE ABOVE $50 

SAUDI'S TRANSFORMATION

 

 

 

Tags: SAUDI, OIL, PRICES

Chronicle:

SAUDI'S GDP UPDOWN
2019, January, 18, 10:25:00

BANGLADESH'S NEW ENERGY

PLATTS - Bangladesh is planning to step up efforts to liberalize its gas and LNG sectors from 2019 in order to boost private investment and enhance energy security, a move that would likely increase domestic downstream competition and affect the competitiveness of existing oil-linked LNG supply contracts.

SAUDI'S GDP UPDOWN
2019, January, 18, 10:20:00

NOVATEK PRODUCTION +6.9%

NOVATEK - In 2018, NOVATEK’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 35.1 million boe, or by 6.9% as compared with the twelve months 2017.

SAUDI'S GDP UPDOWN
2019, January, 16, 11:40:00

OIL PRICE: ABOVE $60

REUTERS - International Brent crude oil futures LCOc1 were at $60.68 per barrel at 0703 GMT, 4 cents above their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 2 cents from their last settlement, at $52.13 a barrel.

SAUDI'S GDP UPDOWN
2019, January, 16, 11:35:00

GERMANY PROTECTS EUROPE

REUTERS - Germany will try to protect German and European companies from some potentially “massive collateral damage” if Washington levies further sanctions against Russia, Foreign Minister Heiko Maas said.

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