Saudi revenues
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Saudi Arabia Considering Paying Contractors with IOUs
Thursday, 19th May 2016
Saudi Arabia has told banks in the country that it is considering giving contractors IOUs (abbreviated from the phrase "I owe you") to settle some outstanding bills.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021