The bank’s latest analysis comes amid apprehensions of a wider banking crisis impacting growth potentials
$100 oil price
Saudi Arabia on track to partly restore oil output as market quakes
Brent crude surges by 20% on Monday, the biggest gain since the 1991 Gulf War
Gulf states told to brace for long-term low oil price
Dubai conference hears that expected global economic slowdown starting next year will dampen demand for oil
Oil price tumbles below $50 for first time in over a year
Oil price fall comes as Russia signals little urgency to commit to supply cuts while US crude stockpiles continue to grow
What oil at $50 a barrel means for the global economy
Energy importers like India and South Africa will benefit from $50 oil while oil producers such as Saudi Arabia will suffer
ADNOC says eyeing new deals to accelerate gas strategy
CEO Dr Sultan Ahmed Al Jaber says ADNOC will be making additional strategic announcements in the coming weeks
Abu Dhabi’s TAQA says net profit boosted by higher oil prices
Abu Dhabi National Energy Company says debt reduced by AED3.7bn since the beginning of the year
Oil price could touch $100 on supply crunch, says Citi
Senior Citi exec says average $80 price ‘realistic’ for this quarter, with possible spikes of $90 or even $100
Oil market set to break 100m barrels a day, says ADNOC chief
Dr Sultan bin Ahmad Sultan Al Jaber forecasts global oil consumption at 110m barrels per day by 2040
Saudi minister hints at move to stop oil price rise
Saudi Energy Minister Khalid Al-Falih says OPEC, allies in ‘produce as much you can mode’
IEA lowers its growth forecast in oil demand for 2018, 2019
The International Energy Agency revises lower its growth forecast, citing high prices, trade tensions
Why global growth is at risk from $100 oil price
Bank of America Merrill Lynch says $100 oil could shave 0.2% from global economic growth next year