Oil prices are expected to remain in the range of $61 to 65 a barrel this year, unchanged from 2019, Markaz Research has said.
Oil prices fell at the end of last week, after China unveiled retaliatory tariffs against $75bn worth of US goods including crude oil
Qatar could consider adopting a fiscal rule and also base its budget on realistic oil price assumptions than taking a conservative approach, according to the International Monetary Fund (IMF).
Qatar’s banking sector remains sound and the foreign liabilities that were withdrawn in the immediate aftermath of the “diplomatic rift” have been partially replaced with greater attention ...
Despite unstable oil prices, Qatar’s private sector witnessed an almost 6% growth in 2018, HE the Minister of Finance Ali Sherif al-Emadi said during a panel discussion at the Doha Forum on Saturday.
Opec and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from US President Donald Trump to reduce the price of crude.
Oil prices fell on Monday as US sanctions against Iran's fuel exports were softened by waivers allowing major buyers to import Iranian crude for a while, while Tehran said it would defy Washington and continue to sell.
Qatar’s upcoming general budget is all slated to see surplus and the government will continue with capital spending, even as projects relating to 2022 are nearing completion ...
Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as the focus returned to supply concerns ahead of a November deadline for US sanctions on Iranian crude.