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Florian Neuhof

Florian Neuhof latest

Multibillion-dollar spending plans for social housing, infrastructure or tourism were supported by a resurgent oil price, with Brent averaging $107 a barrel last year, according to calculations by Reuters
June 7th, 2012 - 02:00 GMT

Additional oil output, lower oil price, different break-even points

The price of oil continues its decline, dipping below US$100 per barrel and casting a new light on budgets across the GCC.
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