April 08, 2016 BY LeapRate Staff

Fallout of the ‘Falling’ Crude Price for Saudi Arabia

The following guest post is courtesy of HiWayFX. [divide] With more than 25% of the global proven oil reserves and more than 255 trillion cubic feet of gas reserves; Saudi Arabia reported to generate more than 85% of the country’s export revenues from this hydrocarbon wealth for the fiscal year 2013. However in the present…

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