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Showing 31 - 40 of 110 results for "Saudi Arabia"

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
Crude oil prices rose in the early months of the New Year on the escalation of tensions between the US and Iran after an American drone strike in Iraq on January 3 that killed Qassem Soleimani -- the head of Iran's elite Quds military force. The ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
... Report, the International Energy Agency (IEA) notes that: "If all the countries comply with their new allocations and Saudi Arabia delivers the rest of its voluntary cut of 0.4 mb/d, the fall in production volume versus today will be about 0.5 mb/d." ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
The International Monetary Fund (IMF) recently released its 'World Economic Outlook' report for October where it slashed its global growth projection to 3.0% this year (from 3.2% forecast in July) before rebounding to 3.4% (downgraded from its ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... fall. Even if it doesn't, know that the US is now the world's top oil producer and has briefly overtaken Saudi Arabia as the world's top oil exporter earlier this year, according to the International Energy Agency (IEA). The US could release ...

Advice firm expands to Dubai

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUL 2019
... Gulf region has always been a significant jurisdiction for Atlas Wealth Management, with clients located in the UAE, Saudi Arabia, Bahrain and Qatar, and we are looking forward to getting boots on the ground to ensure that Australian expats are able ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
Industry Super Holdings is under pressure to divest its stake in a company that supplies weapons technology to Saudi Arabia from the global community. A study conducted by consumer watchdog and activist group SumOfUs reveals ISH, which is owned by industry ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... Agency (IEA), this is because "the United States... is now the world's biggest crude oil producer" - surpassing Saudi Arabia and Russia. The report by the Energy Information Administration (released on the same day of the Vienna meeting) that the ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
... oil prices would soar to around US$100 a barrel and beyond. No one could be faulted for believing this. Not after Saudi Arabia and Russia's announcement of no immediate increase in oil production after the OPEC and non-OPEC nations meeting in Algiers ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... US$70/barrel mark. Prices continued to rise to as high as US$86.07 (Brent) and US$76.40 (WTI) in early October following Saudi Arabia and Russia's announcement of no immediate increase in oil production following the OPEC and non-OPEC nations meeting ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... policy mistake, Trump's protectionist policy, China's slowdown, Italy's budget deficit, geo-politics (Saudi Arabia), emerging market currency depreciation and so on. Needless to say, Australia is not immune to these nasty developments and ...