Thursday 24 May 2018
 
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oil price

Trump’s Iran deal pullout could hit more than just oil

US President Donald Trump’s decision to pull out of the Iranian nuclear deal could have much larger widespread implications than only an increase in the oil price, said a leading London-based market analyst. His decision wou

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Saudi Arabia's stable outlook reflects strong fiscals

Saudi Arabia's (A1 stable) credit strengths include a strong fiscal position; substantial external liquidity buffers; a large stock of proved oil reserves combined with low extraction costs; and prudent financial system regulation, said Mood

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Higher oil prices ‘won’t impact GCC credit profiles’

The GCC countries' creditworthiness will remain driven by government responses to economic, fiscal and external challenges rather than the recent rise in oil prices, said Moody’s in a new report. "Our expectations f

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Higher oil prices ‘won’t impact GCC credit profiles’

The GCC countries' creditworthiness will remain driven by government responses to economic, fiscal and external challenges rather than the recent rise in oil prices, said Moody’s in a new report. "Our expectations f

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Rising oil prices boost GCC govt deposits, says Moody’s

Rising oil prices have largely lifted what has been three years of intense funding pressure for banks in the Gulf Cooperation Council (GCC) countries as government deposits increase, said Moody's Investors Service in a new report.

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Rising oil prices boost GCC govt deposits, says Moody’s

Rising oil prices have largely lifted what has been three years of intense funding pressure for banks in the Gulf Cooperation Council (GCC) countries as government deposits increase, said Moody's Investors Service in a new report.

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Gulf jobs market seen growing at 9pc in 2018

The Gulf job market is set to grow at an average rate of 9 per cent this year, according to research conducted by GulfTalent, one of the region’s leading online recruitment portals. The results are based on GulfTalent’

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Brent could average at $64 in 2018: report

The expected drop in OECD inventories suggests that oil prices will likely be higher in 2018 than originally seen and Brent crude oil price is projected to reach $64 per barrel (/bbl) this year, said the Bank of America Merrill Lynch (BofAML) in

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Brent could average at $64 in 2018: report

The expected drop in OECD inventories suggests that oil prices will likely be higher in 2018 than originally seen and Brent crude oil price is projected to reach $64 per barrel (/bbl) this year, said the Bank of America Merrill Lynch (BofAML) in

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$60-65 preferred oil price range: Lukoil CEO

Oil prices at $60-65 per barrel are the most preferable at the moment, said chief executive officer of Russia’s oil major Lukoil Vagit Alekperov. "I think that the oil price of $60-65 is the level preferable for Opec an

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