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2018-12-21 14:35:00

SAUDIS NEED $84

SAUDIS NEED $84

PLATTS - Saudi Arabia will require oil prices higher than $84/b to avoid running another deficit, analysts warned after the kingdom announced on Tuesday record government spending in its state budget for 2019.

The budget calls for spending of 1.106 trillion riyals ($350 billion) for the year, up 7% from 2018, despite oil prices slumping in the fourth quarter and the kingdom pledging to cut output as part of OPEC's agreement to balance the market.

Analysts with Riyadh-based…

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Tags: SAUDI ARABIA, OIL, PRICE

Chronicle:

SAUDIS NEED $84
2019, February, 22, 11:47:00

21ST AFRICA ENERGY FORUM ANNOUNCES MAJOR REBRANDING

Annual meeting for decision-makers in Africa’s energy community launches new brand identity to better represent core values of innovation, integrity and stakeholder collaboration

SAUDIS NEED $84
2019, February, 22, 11:45:00

S.KOREA NEED NUCLEAR

THE KOREA BIZWIRE - Seven out of 10 South Koreans voted in favor of using atomic power, a survey showed Wednesday, amid the Moon Jae-in government’s nuclear phase-out policy.

SAUDIS NEED $84
2019, February, 22, 11:40:00

ПРИБЫЛЬ ГАЗПРОМ НЕФТИ +48.7%

ГАЗПРОМ НЕФТЬ - По итогам 2018 года выручка** «Газпром нефти» составила 2 трлн 489 млрд руб., увеличившись на 28,7% год к году. Показатель скорректированная EBITDA (прибыль до уплаты процентов, налога на прибыль и амортизации) вырос на 45,1% по сравнению с 2017 годом — до 799,5 млрд руб.

SAUDIS NEED $84
2019, February, 22, 11:35:00

ПРИБЫЛЬ НОВАТЭК +4,7%

НОВАТЭК - Прибыль, относящаяся к акционерам ПАО «НОВАТЭК», увеличилась до 163,7 млрд руб. (54,33 руб. на акцию) или на 4,7% по сравнению с 2017 годом.

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