oil prices decline

IMF Retracts Saudi Arabia’s Economic Growth Forecast

The international Monetary Fund (IMF) has lowered its forecast for Saudi Arabia’s economic growth to 1.9%, retracting its initial anticipation on the kingdom's economic growth to increase by 2.2% in 2020.

Oil Minister: Egypt Witnesses Balance amid Oil Prices Decline

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that Egypt is witnessing a state of balance with regard to dwindling global oil prices. Although this decline in oil prices may slow down the flow of ...

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