1. Oman Plans Cut To 2018 Spending In Bid To Trim Deficit

    ...at there is a good chance that oil and gas revenues – forecast at 71.4% of the total for 2018, down from 73.5% for 2017 – will overshoot. The budget’s low-looking $50/B oil price assumption is less than the average Omani figure for 2017 of $52.30/B – around $2.20/B below Brent. If Omani crude av...

    Volume: 61
    Issue: 01
    Published at Fri, 05 Jan 2018
  2. Jordan’s Finances Get $800mn USAID Boost

    ...pport Fund for Jordan for 2017. The minister says this will be used to fund priority projects in the 2017 budget and thus help cut the fiscal deficit. The US is also providing Jordan with $337mn in financial assistance to support economic development and improve social services. This takes total US no...

    Volume: 61
    Issue: 01
    Published at Fri, 05 Jan 2018
  3. US Oil Output At Record Levels: October Crude Highest Since 1971. Record NGLs Output (4mn B/D For October) Mean Overall Oil Output At Record 13.6mn B/D...

    ...  ... WITH 2017 OUTPUT ABOVE 2015 DESPITE LOWER CRUDE. 1.2MN B/D OF FURTHER GAINS ARE FORECAST^ FOR 2018 *INCLUDES PROVISIONAL FIGURES FOR NOV AND DEC 2017. ^LATEST FORECASTS FROM DEC17 STEO. SOUREC: EIA, MEES.  ...

    Volume: 61
    Issue: 01
    Published at Fri, 05 Jan 2018