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Oil Prices
April 16th, 2025 - 05:52 GMT
Al Bawaba Staff

Al Bawaba Staff

Forecasting GCC Oil Prices: An Outlook for 2025

Dr. Gil Feiler The Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and Bahrain, stands at the forefront of global oil production and exportation. Oil has long been the backbone of these economies, significantly contributing to their GDPs and government revenues. As the world transitions towards renewable energy sources, understanding the expected oil prices in this region is crucial. Over the past decade, oil prices ...
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