Drop-In: Oil prices and the Gulf economies – Will the good times last? - Capital Economics

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Drop-In: Oil prices and the Gulf economies – Will the good times last?

09 August, 2022

High energy prices have been a boon for the Gulf economies this year, making them notable outperformers in a world facing broadening risk of recession. But what does the outlook for global energy prices mean for these economies, and what will a surge in hydrocarbon earnings mean for their longer-term development? In this special 20-minute briefing, economists from our Commodities and Emerging Markets teams will discuss the extraordinary developments in energy markets this year, what they think is in store for prices and explain what this all means for Gulf economic outperformance. The team will be answering your questions as they discuss key issues, including:

  • What OPEC+ will do next – and whether Qatar can step in and alleviate gas shortages;
  • If policymakers in the Gulf are about to unleash fiscal stimulus;
  • The long-term outlook for the Gulf in a world facing peak oil demand.

Time: Tuesday August 9th, 15:00 BST

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