1. Libya On The Cusp Of Oil Revival

    ...sumed both from eastern and western oil ports, and currently stands at around 320,000 b/d, according to National Oil Corporation (NOC) spokesman Muhammad al-Harari. Prior to the crisis, output stood at 1.5mn b/d, just shy of volumes pumped before the outbreak of the 2011 revolution that toppled Mu’ammar al...

    Volume: 57
    Issue: 27
    Published at Fri, 04 Jul 2014
  2. Egypt’s 2014-15 Budget Slashes Energy Subsidies, Deficit

    ...e IMF in particular has pressed for the curbing of the budget deficit as one of its preconditions to approve a $4.8bn loan to Egypt which was first considered in 2011, but is still pending. Egyptian officials – buoyed by Gulf largesse – say that the time has not yet come for further discussion on th...

    Volume: 57
    Issue: 27
    Published at Fri, 04 Jul 2014
  3. GCC Economies ‘Hooked’ On Bumper Oil And Gas Revenues -S&P

    ...r reserves and production. Stable Prices?    Of course, GCC producers are aware of market risks. But with oil prices seemingly rangebound at $100-110/B since early 2011, a geopolitical climate that supports prices, and the emergence of new pressures – such as the need for prices to remain ov...

    Volume: 57
    Issue: 27
    Published at Fri, 04 Jul 2014
  4. Benchmark Crude Prices ($/B)

    ...12 2011 WTI 104.06 106.06 106.50 105.13 101.90 103.00 98.56 98.03 94...

    Volume: 57
    Issue: 27
    Published at Fri, 04 Jul 2014