Oil Exporters In The Middle East To See Economic Growth Slow

Oil Exporters In The Middle East To See Economic Growth Slow

OilPrice.com

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Economic growth in the oil exporters in the Middle East and North Africa will shift from oil to the non-oil sectors due to lower crude production as part of the OPEC+ agreement, the International Monetary Fund (IMF) said in its latest regional outlook published on Wednesday. Economic growth is set to moderate in oil-exporting countries in the Middle East – which are some of the world’s biggest oil exporters, including top crude exporter Saudi Arabia – according to the IMF. That’s due to the OPEC+ cuts decided late last year,…

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