Saudi Arabia's Yanbu National Petrochemical (Yansab) could face challenges in Q3 & Q4 due to fall in oil prices triggered by a slowing US economy and the worsening European debt crisis. The unit of Saaudi Basic Industries is expected to suffer declines in product prices of 7% in Q3 and 3% in the Q4 as Brent crude continues on a downtrend.
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Wednesday, August 17, 2011
Tesing looming time for Yansab in Q3 and Q4
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