Problems Brewing in Middle East
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Problems Brewing in Middle East
Anyone with an interest in the ME should monitor the thread on Rumours & News titled Bahrain, Egypt, UAE and Saudi Arabia.
Not looking good for QATAR !.
Not looking good for QATAR !.
A lot of expats at Qatar, Australians being one large majority. Know of at least 15 from my operation alone that left for there in the last 10 years.
Where's Akbar!
Where's Akbar!
Join Date: Nov 2015
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"Stable" not a word that should be used with oil, and where much of it comes from.
It is artificially high, OPEC countries and even Russia that are heavily dependant on oil for revenue made a bit of a deal to have production cuts or not increase production in a bid to raise the price to over $40 per barrel.
Now history shows none of the countries actually stick to the barrel limits they promise- but they need this $50 or higher oil price as budgets and reserves have bleeding the countries.
Is it a case of "the weakest link"? So production actually is reduced!