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Saudi economy to rebound in 2027 as oil output recovers, says Moody’s

Sat, 14 Nov 2026

Saudi Arabia’s economy is likely to rebound to 5.1% growth in 2027 and accelerate to 6% in 2028, supported by a gradual recovery in oil production and exports, with brent crude prices expected to average $90 per barrel next year, according to top ratings agency Moody’s.