TITLE

ANALYSIS GCC braces itself for $90 barrel of oil

AUTHOR(S)
BAXTER, KEVIN
PUB. DATE
November 2011
SOURCE
MEED: Middle East Economic Digest;11/11/2011, Vol. 55 Issue 45, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that all Gulf Co-operation Council (GCC) oil producers will be focusing on their 2012 budgets in response to average oil prices for next year. It is said that several factors propelled oil to more than 100 dollars a barrel in 2011. Libya is starting to ramp up production of its sweet, light crude oil, since the resolution of its conflict.
ACCESSION #
69795410

 

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