MENA Quarterly Economic Brief : Plunging Oil Prices

In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elec...

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Main Author: Lili Mottaghi
Format: Publications & Research
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/02/23951849/mena-quarterly-economic-brief-plunging-oil-prices
http://hdl.handle.net/10986/21462
id okr-10986-21462
recordtype oai_dc
spelling okr-10986-214622021-04-23T14:04:02Z MENA Quarterly Economic Brief : Plunging Oil Prices Lili Mottaghi AVERAGE PRICE BARREL CRUDE OIL DRILLING DRILLING RIGS FUEL INFLATION INTERNATIONAL OIL PRICES LOW OIL PRICES MARKET SHARE MILLION BARRELS MILLION BARRELS PER DAY NET OIL EXPORTS OIL OIL CONSUMER OIL EXPORTERS OIL FIELDS OIL IMPORTERS OIL IMPORTS OIL MARKET OIL PRICE OIL PRICES OIL PRODUCERS OIL PRODUCTION OIL REVENUES OPEC PRICE FORECASTS PRICE OF OIL PRODUCTION COSTS SHALE OIL SPREAD SURPLUSES In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. This issue of the MENA Quarterly Economic Brief focused on the implications of low oil prices for eight developing countries, the MENA-8 (oil importers: Egypt, Tunisia, Lebanon and Jordan and oil exporters: Iran, Iraq, Yemen and Libya) and the economies of the GCC (Gulf Cooperation Council), who play a major role in providing funds in the form of aid, investment, tourism revenues and remittances to the rest of the countries of the region. Several assumptions are also made about future oil prices taking into account several variables. All projections are based on statistical information available through early January 2015. 2015-02-19T19:56:36Z 2015-02-19T19:56:36Z 2015-02 http://documents.worldbank.org/curated/en/2015/02/23951849/mena-quarterly-economic-brief-plunging-oil-prices http://hdl.handle.net/10986/21462 English en_US MENA knowledge and learning;issue no. 141 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research Publications & Research :: Brief Middle East and North Africa North Africa Middle East
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AVERAGE PRICE
BARREL
CRUDE OIL
DRILLING
DRILLING RIGS
FUEL
INFLATION
INTERNATIONAL OIL PRICES
LOW OIL PRICES
MARKET SHARE
MILLION BARRELS
MILLION BARRELS PER DAY
NET OIL EXPORTS
OIL
OIL CONSUMER
OIL EXPORTERS
OIL FIELDS
OIL IMPORTERS
OIL IMPORTS
OIL MARKET
OIL PRICE
OIL PRICES
OIL PRODUCERS
OIL PRODUCTION
OIL REVENUES
OPEC
PRICE FORECASTS
PRICE OF OIL
PRODUCTION COSTS
SHALE OIL
SPREAD
SURPLUSES
spellingShingle AVERAGE PRICE
BARREL
CRUDE OIL
DRILLING
DRILLING RIGS
FUEL
INFLATION
INTERNATIONAL OIL PRICES
LOW OIL PRICES
MARKET SHARE
MILLION BARRELS
MILLION BARRELS PER DAY
NET OIL EXPORTS
OIL
OIL CONSUMER
OIL EXPORTERS
OIL FIELDS
OIL IMPORTERS
OIL IMPORTS
OIL MARKET
OIL PRICE
OIL PRICES
OIL PRODUCERS
OIL PRODUCTION
OIL REVENUES
OPEC
PRICE FORECASTS
PRICE OF OIL
PRODUCTION COSTS
SHALE OIL
SPREAD
SURPLUSES
Lili Mottaghi
MENA Quarterly Economic Brief : Plunging Oil Prices
geographic_facet Middle East and North Africa
North Africa
Middle East
relation MENA knowledge and learning;issue no. 141
description In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. This issue of the MENA Quarterly Economic Brief focused on the implications of low oil prices for eight developing countries, the MENA-8 (oil importers: Egypt, Tunisia, Lebanon and Jordan and oil exporters: Iran, Iraq, Yemen and Libya) and the economies of the GCC (Gulf Cooperation Council), who play a major role in providing funds in the form of aid, investment, tourism revenues and remittances to the rest of the countries of the region. Several assumptions are also made about future oil prices taking into account several variables. All projections are based on statistical information available through early January 2015.
format Publications & Research
author Lili Mottaghi
author_facet Lili Mottaghi
author_sort Lili Mottaghi
title MENA Quarterly Economic Brief : Plunging Oil Prices
title_short MENA Quarterly Economic Brief : Plunging Oil Prices
title_full MENA Quarterly Economic Brief : Plunging Oil Prices
title_fullStr MENA Quarterly Economic Brief : Plunging Oil Prices
title_full_unstemmed MENA Quarterly Economic Brief : Plunging Oil Prices
title_sort mena quarterly economic brief : plunging oil prices
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/02/23951849/mena-quarterly-economic-brief-plunging-oil-prices
http://hdl.handle.net/10986/21462
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