saudi oil prices

Saudi Arabia to Maintain Stable Petroleum Policies

ABU DHABI/KHOBAR, May 8- Saudi Arabia’s new energy minister said on Sunday the world’s largest crude exporter was committed to meeting demand for hydrocarbons from its customers and would maintain its petroleum policies. “Saudi Arabia will maintain its stable petroleum policies. We remain committed to maintaining our role in international energy markets and strengthening our

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Saudi Arabia Seeks $6-8 bln Bank Loan to Shore Up State Coffers

By Archana Narayanan DUBAI, March 9 – Saudi Arabia is seeking a bank loan of between $6 billion and $8 billion, sources familiar with the matter told Reuters, in what would be the first significant foreign borrowing by the kingdom’s government for over a decade. Riyadh has asked lenders to submit proposals to extend it

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