The price of oil in the Saudi market recorded a decline of 0.4% in the Saudi market yesterday, Tuesday, as the market closed at 12,198 points, and trades amounted to 9.2 billion riyals.
It was announced that the World Bank raised expectations for economic growth in the Kingdom to 4.1% during the year 2024, in conjunction with price expectations last June, which reached 3.3%, a difference of 0.8%.
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Investors in the market are anticipating that Saudi companies will announce their financial results in 2023 within the deadline set by the system, which will end on March 31, 2024.
Regarding the state of global markets, there is a decline in the Dow Jones Industrial Average, according to what was recorded yesterday, amounting to 0.4%, which is equivalent to 157 points, meaning it was recorded at 37,525 points.
Futures prices for standard Brent crude for March delivery rose by 1.95%, which is equivalent to $1.47, to $77.59 per barrel.
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2024-01-10 09:20:00
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