Morocco's red tape turns Gulf investors away
Morroco still remains a marginal market for investors due to poor infrastructure, poor legal framework & excessive red tape.
Should Saudi move to price off the DME, it would likely make it the benchmark for some 12 million barrels per day (bpd) of Gulf crude exported to Asia.
Switching it up
Saudi is almost certain to adopt the DME's Oman Crude Oil Futures Contract as its benchmark. The main question is when, not if.

Corporate speak
Peter Kenyon presided over Man U & Chelsea's most halcyon glory days in recent memory, but never won fans' affection. Why not?
Venezuelans tweet in traffic
Venezuela has the penetration of smartphones that one can we see in countries like the US and Canada.
Crude concerns
Is Shokri Ghanem's authority at Libya's National Oil Corp being tempered by the conservative old guard?
Flying in the face of adversity
The downturn has clipped the wings of the Middle East region's once soaring aerospace sector.
The man who sold the world
Saatchi & Saatchi boss Kevin Roberts thinks the global economy cheerleaders are about to get a nasty shock.
Oilman’s heirs fight
Curry Glassell, the oilman's 52-year-old daughter, is fighting to keep the fortune in the family through a probate battle.
New Year, New City
Abu Dhabi is on the rise, and now, in the wake of its inaugural F1 GP, the world knows it. But how solid are its fundamentals?
Risky business?
A high-profile default is renewing debate about whether Sukuks are in fact equity-like instruments.
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