Monday 25 June 2018
 
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Oil Prices

Oil prices 'heading lower this year, to sink further in 2019'

Oil prices are heading for a downturn later this year and will sink even lower in 2019 as the fundamentals of supply and demand weaken, said a report.   Despite oil prices recently rising to three-and-half year h

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UAE current account surplus tops $26bn in 2017

The UAE current account surplus surged to Dh97.1 billion ($26.4 billion) in 2017, accounting for 6.9 per cent of the Gross Domestic Product (GDP), from Dh48.5 billion, 3.7 per cent of GDP, in 2016, a media report said. The upsurge

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Oil prices to peak in mid-2019: BofAML

Brent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019, said Bank of America Merrill Lynch (BofAML) in a new rep

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Oil prices to peak in mid-2019: BofAML

Brent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019, said Bank of America Merrill Lynch (BofAML) in a new rep

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Oil to hit $90 on new shipping laws, says Morgan Stanley

Forget Iran and Opec (Organization of Petroleum Exporting Countries) - there’s another issue that will keep oil prices supported for the next two years, reported Bloomberg, citing senior analysts of US investment bank Morgan Sta

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Female workforce, oil prices to top Euromoney Saudi agenda

Women in the workforce, the price of crude and the economic impact of geopolitical tensions will be discussed at this year’s Euromoney Saudi Arabia Conference, said the event organisers. The event, which will take place in R

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High oil prices 'to support GCC growth momentum'

Higher oil prices coupled with improved global economic conditions are expected to support growth momentum of the GCC countries, said a report by Coface, a global leader in credit insurance providing cover to its clients in more than 200 countri

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High oil prices 'to support GCC growth momentum'

Higher oil prices coupled with improved global economic conditions are expected to support growth momentum of the GCC countries, said a report by Coface, a global leader in credit insurance providing cover to its clients in more than 200 countri

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High oil prices 'to support GCC growth momentum'

Higher oil prices coupled with improved global economic conditions are expected to support growth momentum of the GCC countries, said a report by Coface, a global leader in credit insurance providing cover to its clients in more than 200 countri

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Saudi growth recovers on high oil prices: report

Saudi Arabia’s economic activity has bottomed out as high oil prices are allowing implementation of looser fiscal policy and containing near-term fiscal deterioration, said the Bank of America Merrill Lynch (BofAML) in a new report.

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