The global oil market is expected to tighten before the year-end, with demand outpacing supply growth, National Bank of Kuwait (NBK) has said in an economic report.
Oil prices will remain highly volatile as the coronavirus pandemic is hastening a structural change in aggregate demand for oil, Moody’s has said in a report.
Qatar is among the financially strong countries that is able to "afford more significant fiscal support" despite the slump in oil prices, Oxford Economics said in its research brief on GCC response to the Covid-19 crisis.
Equity markets collapsed Monday as the rapidly spreading coronavirus fans fears for the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering ...
Qatar is “more resilient” to lower oil prices than other producers, thanks to the lowest fiscal break-even (at $45.4 per barrel in 2020) in the GCC, large financial buffers and greater flexibility ...
Oil prices are expected to remain in the range of $61 to 65 a barrel this year, unchanged from 2019, Markaz Research has said.
Oil prices fell at the end of last week, after China unveiled retaliatory tariffs against $75bn worth of US goods including crude oil
Qatar could consider adopting a fiscal rule and also base its budget on realistic oil price assumptions than taking a conservative approach, according to the International Monetary Fund (IMF).
Qatar’s banking sector remains sound and the foreign liabilities that were withdrawn in the immediate aftermath of the “diplomatic rift” have been partially replaced with greater attention ...
Despite unstable oil prices, Qatar’s private sector witnessed an almost 6% growth in 2018, HE the Minister of Finance Ali Sherif al-Emadi said during a panel discussion at the Doha Forum on Saturday.
Opec and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from US President Donald Trump to reduce the price of crude.