No further details are reported on the same.
In the face of the falling oil exports and its revenue, Saudi’s Finance Minister Mohammad Aljadaan said at a video forum hosted by Bloomberg on Tuesday, the Kingdom plans to put up for privatization state-held assets in the healthcare, education, and water utility sectors in order to raise money.
Market reaction
Amid falling Saudi oil exports, both crude benchmarks pick up bids, with WTI looking to recover ground above the $42 mark while Brent posts small gains around $44.50.
