Fitch Ratings’ expects debt/GDP to drop as higher oil prices – which they estimate will average at USD105/barrel (bbl) in 2022 and USD85/bbl in 2023 – and production boost government revenue and nominal GDP
All posts tagged: Middle-East
Saudi Arabia and Iraq Come to the Aid of Europe’s Oil Refiners
Saudi Arabia and Iraq are trying to fill Russia’s void by increasing their oil exports to the green continent, Europe.