You are here

Saudi Arabia undisturbed by falling oil prices

It has over US$750b in cash reserves, more than enough to stave off panic

Riyadh

AHMED al-Ghaith pulled his Dodge Durango into a petrol station in central Riyadh and told the attendant to fill it up. In a country where petrol sells for 45 US cents a gallon, that cost him US$12.

With global oil prices plummeting, you might think people in Saudi Arabia, a

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom