New ties, same old struggles

Arabia Monitor Monthly
UAE ISRAEL

The gloomy demand outlook is clouding chances of a strong oil market recovery this year, a bleak outlook backed up by OPEC+ members recently warning that demand was returning to the market slower than initially expected, and that a resurgence of COVID-19 infection cases could delay the rebound into 2021. Our monthly paper analyses the latest developments in the MENA region, notably: 

  • The possibility that Saudi Arabia reconsiders its oil policy and lapses back into efforts to regain market share.
  • The implications of the UAE and Israel peace deal on the geopolitics of the region.
  • The exacerbating economic crisis in Lebanon, made worse after the ammonium nitrate explosion that levelled parts of Beirut.

 

Florence Eid-Oakden, Ph.D, Chief Economist

Ghalia Bajali, Leila Lajevardi, Bouchra Abaakil & Mingqiao Zhao, Analysts 

Arabia Monitor’s MENA Monthly publication provides a timely snapshot of most notable recent developments in the dynamic MENA region. Our analysts get past the news to deliver the core, forward looking conclusions that markets-oriented readers look for.

To access this report, please click here.

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