Saudi Arabia’s Economy Shrinks 3.8% as Oil Output Falls
· wsj.com · popularity 43/100 · 0 similar stories today · Oil, Gas & Fossil Fuels (Energy & Climate Tech)
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Summary
Real GDP in the last quarter was weighed down by a 20.4% decline in oil activities, according to the General Authority for Statistics Saudi Arabia’s gross domestic product shrank 3.8% on year in the third quarter as the Arab region’s largest economy struggled to contain the fallout from the Iran …
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