IMF upgrades region’s economic outlook as oil prices stay above $100/bbl

Risk Management
Issue 1146 - 08 May 2022 | 4 minute read

Risk Management Report: International politics and economics.

Breakeven prices: Oil prices have remained high in the shadow of the Ukraine war, with the cost of a barrel well above $100 through much of March and April. This means that most Gulf states are in a position to post budget surpluses this year.

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