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MidEast Shares Mixed, Saudi Shares Slip on Budget Forecast for Rise in Gas Feedstock Prices

ByLatest Articles in Commodities

Dec 30, 2015 , , , , , ,

Middle East stocks were mixed, with Saudi Arabia feeling pressure from an expected rise in gas feedstock prices in the 2016 state budget. A jump in gas feedstock prices will hit petrochemical shares. Saudi Basic Industries (SABIC) projects an

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