Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Economy / United Arab Emirates

Oil Prices To Deliver Record Current Account Balance

June 2008 | Economic Analysis

High oil prices will drive the UAE's current account surplus skywards in 2008. The balance will ease in 2009 and 2010 as energy prices fall back, although growth in non-oil sales and re-exports will remain strong throughout our forecast period.

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