Tag: oil price

S&P’s Middle East expert writes for Energy Voice on why low oil prices are shifting project finance strategies in the Gulf

Writing for specialist energy publication, Energy Voice, Karim Nassif, Dubai-based Associate Director at Standard & Poor’s, explains that governments in the Gulf Corporation Council are waking up to the impact of continued low oil prices. In particular, they are finding they are no longer able to meet the funding demands for key infrastructure projects. Nassif …

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Gulf-based infrastructure companies are feeling the heat on the back of low oil prices – S&P writes for InfraNews

Low oil prices – having halved since last year – are causing repercussions for infrastructure development in the Gulf, says Standard & Poor’s Karim Nassif in his article for InfraNews. This is because infrastructure companies dependent on state revenues are witnessing a public funding deficit, he explains. And as cheap oil means liquid capital becomes …

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Standard & Poor’s video featured by Global Banking & Finance Review

Low oil prices are having an impact across the Gulf, affecting corporates, infrastructure projects and banks. Following Moorgate outreach, Global Banking & Finance Review featured a Standard & Poor’s CreditMatters TV interview discussing the findings from their recent report “Some Gulf Corporates Could Feel The Heat On Low Oil Prices”:

James Binns, Deutsche Bank, advises on mitigating geopolitical risk in The Treasurer

Geopolitical risk was a key concern in 2014 – and will continue to be an increasingly prominent one for treasurers everywhere. But what do we mean by geopolitical risk, and what can be done to manage exposure and plan contingencies? In this month’s edition of The Treasurer, James Binns – MD, head of working capital, EMEA, at …

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Natixis’ Abhishek Deshpande speaks to Wall Street Journal and CNBC on Iran deal and effects on oil prices

Following the release of Natixis’ “oil price scenario” report, Abhishek Deshpande, Natixis’ lead oil analyst, speaks to Wall Street Journal and CBNC on the report’s findings – and how Iran’s historic agreement with the US has once again put oil prices under pressure. Deshpande predicts that despite OPEC members concerns around the possibility that Iran …

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Energy and the environment: the focus of S&P’s May newsletter

The May issue of Standard & Poor’s monthly newsletter, Infrastructure Outlook, is now out. This month’s edition explores how low oil and gas prices are affecting project finance ratings, concluding that, for now, the dent is minimal, but could become more prominent if prices continue to flat line, or worse, drop further. Elsewhere, global interest in …

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S&P says low oil and gas prices are unlikely to dent project finance ratings, for now

The dramatic drop in oil and gas prices has sparked concern about a possible negative impact on global project financing. And while Standard & Poor’s credit analyst Karim Nassif says that the current low prices “are unlikely to have a widespread impact on the credit quality of global project finance debt over the next 18 …

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Patrick Artus’ latest Bloomberg blog argues why Europe’s growth is “stolen”

Writing for Bloomberg, Artus argues that the signs of recovery in Europe have not stemmed from the regions own domestic policies or economic performance, but have, in fact, been “stolen” from the rest of the world. For example, the drop in oil prices have effectively acted as a tax cut for European consumers, adding to …

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Natixis explores the effect of long-term low oil prices in its latest cross-expertise report

Bloomberg and GTR write on the findings of Natixis’ latest cross-expertise report, which predict a stabilisation of oil prices by year-end, with low demand and excess supply maintaining downward pressure on the price. “Countries like Saudi Arabia can keep production at this level probably for a year or two, but with Iranian oil back online …

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Patrick Artus argues why the ECB must plan its exit from QE now

In Artus’ latest Institutional Investor blog, he assesses what will happen to the economy when oil prices rise again and the temporary boost to the economy, stemmed from oil prices and the ECB’s own measures, begins to diminish. What’s more, the ECB need to assess what will happen when excess liquidity and a distortion of …

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