Middle East Economic Survey
MENA Countries Turn Increasingly To Oil Funds To Hedge Against Price Volatility
Oil stabilization funds have come into fashion in the past few years, both in the MENA region and elsewhere. The concept is not a new one. But the spate of new funds in the region suggests that governments are finally taking seriously the need to act to smooth the flow of revenues from volatile oil prices, and hedge against price falls. James Hepburn...