
PODCAST: Daily Energy Markets - May 27th
Gulf Intelligence Podcasts
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OPEC Supply and Oil Price Dynamics
This chapter explores the implications of OPEC plus's recent supply increase on oil prices, particularly focusing on Brent crude's sustainability at $65. It delves into the budgetary challenges facing Gulf states like Saudi Arabia and the UAE, highlighting the need for economic diversification in the face of fluctuating oil revenues.
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