... Moody's: "financial stress."

Article Abstract:

Low prices of oil products in the market may eventually pose serious financial and economic setbacks to Qatar, as revealed by the 1998 annual report issued by Moody's Enterprises. According to analyst Hanan Salem, lack of dynamic and efficient fiscal policy measures would also create risks to the country's short-term prospects. The report further stressed that cutbacks in oil reserve revenues may also lead to substantial losses in government finances and external payments. Despite such risks, experts are optimistic that the imposition of Baa2 country ceiling would boost the expedite the country's financial recovery.

Economic Programs, Administration of Economic Programs, Natural Gas, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Reports, Health care industry, Qatar, Moody's Enterprises

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Economic aspects of oil sanctions: current and proposed U.S. policy

Article Abstract:

It is investigated whether it would be in the best interest of the US if it curtailed some of its energy supply sources. The economic aspects of this issue as well as the impact of US oil sanctions policy on local and world markets are analyzed. US oil sanctions include support of UN sanctions against Iraqi oil exports, import and investment sanctions against Libya and an embargo on Iranian oil imports. Congress and the Clinton Administration want other countries to support US embargoes on Iranian and Libyan oil exports to reduce their export potential.

Laws, regulations and rules, Sanctions (International law)

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Why low oil prices will be back soon - OPEC notwithstanding

Article Abstract:

The Organization of Petroleum Exporting Countries (OPEC) held its 107th meeting in Vienna, Austria. OPEC examined the imbalance between supply and demand for oil which characterized the market in 1998. The organization decided to cut oil production by 2.1 million barrels a day, 1.7 million of which would be cut by OPEC members while the remaining 400,000 by non-OPEC partners. Meanwhile, the two main OPEC producers, Iran and Saudi Arabia, have developed cordial relations and agreed to cut down on production.

Organization of the Petroleum Exporting Countries

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