Saudi Arabia

Oil Prices Rise with 10%

Oil prices have risen by more than 10% in Asian trade since the oil rig attack in Saudi Arabia. Amid fears of a surge in black gold prices, US President Donald Trump has allowed the release of oil from the United States Strategic Oil Reserve.

In Asian e-commerce, US light crude oil for delivery in October rose by nearly ten percent to $ 60.23 a barrel.

Bulgarian Exports to Saudi Arabia Increased by more than 60% in the First Six Months of 2019.

In the first six months of 2019 alone, exports from Bulgaria to the Kingdom of Saudi Arabia increased by over 60% compared to the same period in 2018, reaching USD 24.9 million. This was stated by Deputy Minister of Economy Lilia Ivanova, who opened a Bulgarian-Saudi business forum in Sofia.