PE in doubt as Saudis balk

PRIVATE equity, which built the shale boom, may not be as incentivised to play such a big role in the lower-for-longer oil world, amid reports that Saudi Arabia doesn’t want oil to exceed $US60 per barrel and spur on the US juggernaut.

PE in doubt as Saudis balk PE in doubt as Saudis balk PE in doubt as Saudis balk PE in doubt as Saudis balk PE in doubt as Saudis balk

Saudi Arabia flag.

Saudi Arabia's cabinet has just approved an International Monetary Fund-backed 5% tax levy to apply to certain goods after an agreement with the Gulf Cooperation Council, in a bid to cut its $97