Saudi Arabia reduces costs, but not the production.

For 2015, oil prices fell by nearly 50%. Suspected therefore Suditska Arabia for the first time in 2007 goes on the debt market.

Prices continue downward after another devaluation of the Chinese capital market, according to Bloomberg continues to cause increasing price abuses. Assessment Phillips Futures, Inc. decline this week will continue. Impact on markets is expected of GDP of the Eurozone, but without serious consequences on the trend. Analyses pay attention to the possible decisions of OPEC to seek equilibrium before the inclusion of Iran in the market. The likelihood of a reduction in yield remains unlikely

Saudi Arabia will postpone or shorten the whole number of government projects due to the fall in oil prices. This was announced by Ibrahim Abdulaziz Al-Assaf - the current finance minister of Saudi Arabia in an interview with CNBC Arabia. He stressed that Saudi Arabia is ready to even lower oil prices and these cost reductions will not affect the health, education and infrastructure projects. The state has sufficient reserves and government debt is zero and will only reduce costs which are important for the development of the country. Currently assumes that the reserves of Saudi Arabia about $ 600 billion.