Issue: August 2017

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INSIDE ISSUE

  • THE OIL PRICE GAME AND THE GCC: CHALLENGES, IMPLICATIONS, AND FUTURE SCENARIOS

    Slumping oil prices have put pressure on the Gulf Cooperation Council (GCC) economies, forcing the regions countries to continue with painful fiscal settlements and suffer from less government revenues.

  • Understanding Bahrain’s Oil Dilemma

    With the fluctuations of global oil prices; the kingdom of Bahrain is trying to make its way out of an economic drop. Although the Bahraini kingdom is working on diversifying its economy from oil and gas since 1990, the kingdom’s deficit is still affected by the changes in the global oil and gas markets. Hence, with the stumbling oil prices, the kingdom had to take a number of measures including the increase of its fuel prices, in 2016.

  • GCC’s Oil Giants’ Struggle between CRUDE SLUMP AND RENEWABLE PATH

    In the last decades, generating energy from renewable resources might have been seen as a luxury, however, within the volatility in oil prices, increasing energy consumption, and climate change, shifting to a more sustainable source of energy has become a matter of global survival.