Saudi Arabia and Bahrain See Low Oil Price Prompt Ratings CutBy
Saudi Arabia’s rating downgraded to A1 from Aa3: Moody’s
Outlook seen negative for Bahrain, U.A.E., Kuwait, Qatar
Middle Eastern oil producers including Saudi Arabia and Oman had their ratings lowered by Moody’s Investors Service because of a collapse in oil prices, according to a statement from the credit-ratings company on Saturday.
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