Posts from category Oman News
GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat
on April 13, 2009 by admin in Bahrain News, Dubai News, GCC News, Kuwait News, Marine business, Oman News, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, Comments Off
According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Industrial Bank (EIB). The bulletin has… Continue reading
Oil Price Predictions Come True – $60/barrel only in Sep.
on April 5, 2009 by admin in Bahrain News, Business, Crude Prices, Dubai News, GCC News, IEA News, Oil Prices, Oman News, OPEC, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, World Business News, Comments Off
The crude oil prices gradually lost ground after International Energy Agency (IEA) declared fuel demand would decline significantly in the coming months than earlier thought. The grim economic data receiving from major oil consuming countries had forced them to bring… Continue reading