Middle East and North Africa oil producers are facing a new price reality
There is no shortage of news in the media about the negative impact of lower oil prices on the economies of the major Middle East and North Africa region (MENA) oil producers. The dependence on oil makes these economies vulnerable to fluctuations in oil price. But while the oil price is back to ‘normal’, it is not going to be business as usual for these countries.
<i>The oil price has returned to normality: greater price volatility in a lower price environment compared with 2011 to mid-2014. For the major Middle East and North Africa region (MENA) oil exporters, however, it is not business as usual. The most obvious impact of lower oil prices on net oil exporters is deteriorati...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.