GCC Ratings Under Pressure From Oil Price Slide

With Gulf producers starting to feel the pinch brought on by the $45/B collapse in oil prices since June, ratings agencies have already begun to reassess their outlooks for several Gulf states.

Moody’s expects Bahrain and Oman to be hardest hit by falling oil prices, while Saudi Arabia, Kuwait, Qatar and the UAE “would be resilient to the resulting pressures without significant policy...