Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world's top oil exporter Saudi Arabia is determined not to make the same mistake again.
Dubai shares added the most in more
than three weeks as some investors judged stocks were cheap
after a selloff wiped more than $60 billion from Middle Eastern
equity markets yesterday. Saudi Arabia’s equities increased.
SYDNEY (Reuters) - Dubai stocks crashed on Sunday and Asian stocks got off to shaky start on Monday in step with a steep decline on Wall Street as worries about global economic growth sapped confidence, keeping crude oil prices stuck near...
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