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Ecopetrol Declares $0.5202 Dividend
Oil Edges Down as Tariff Battle Between World's Two Largest Economies Heats Up
EIA Lowers Crude Price Forecast on Expectations of Weaker Global Oil Demand Growth
EIA Cuts Global Oil-Demand Outlook on Tariff Uncertainty
Trump Trade War Uncertainty Threatens U.S. Oil Production
Can Saudi Arabia withstand the plummeting oil prices? Goldman Sachs predicts that the fiscal deficit may soar to 75 billion dollars.
The significant drop in oil prices may put the oil-rich country of Saudi Arabia at risk of a serious fiscal deficit. The International Monetary Fund estimates that Saudi Arabia needs a crude oil price of $90 per barrel to achieve fiscal balance, while Goldman Sachs recently warned that if oil prices remain at the current low level of around $62 per barrel, the fiscal deficit in Saudi Arabia could double to $75 billion.
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南洋风三 : Not received.