Brent crude is closing in on $20pb and, if there are no signs of a recovery in the coming months, the chances that Saudi Arabia pushes for fresh oil output cuts will grow. Meanwhile, we are approaching the point at which financial support for Oman needs to be made explicit if the country is to avoid devaluation.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services