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Low oil price forces Saudi Arabia to cut spending amid record budget shortfalls - Telegraph.co.uk

Telegraph.co.uk

Low oil price forces Saudi Arabia to cut spending amid record budget shortfalls
Telegraph.co.uk
Citing official figures, Jadwa said last week that the Saudi economy grew 3.8pc in the second quarter, up from 2.4pc in the previous period, due to a rise in oil production. Saudi Arabia pumped a record 10.6m barrels per day in June but this slowed to ...

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