Tag: Global Oil Demand
Middle East’s $2 Trillion Wealth Could Be Gone by 2034, IMF Says
(Bloomberg) -- The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years...
Oil Tumbles on Virus Fear While Saudis See ‘Very Limited’ Impact
(Bloomberg) -- Oil tumbled on fears China’s deadly coronavirus will crimp demand, prompting Saudi Arabia to say it was closely monitoring the situation.
Futures in London...