Middle East Economic Survey

VOL. LIV

No 13

28-Mar-2011

REGIONAL

MENA Unrest Will Not Affect IOCs Credit Ratings In The Near Term, Says Moodys

Current unrest in parts of the Middle East and North Africa (MENA) is likely to have only a limited impact on credit ratings within the sector in the near term, according to a Special Comment byMoodys Investors Service released on 17 March. The agency expects the loss of hydrocarbon production to be more than offset by the surge in oil prices stemming...