Emirates NBD's Haque on OPEC+ Disunity

The video discusses potential scenarios for OPEC+ production and their impact on oil prices, analyzing how these changes could affect economic growth in the Gulf region. It highlights the trade relationship between the UAE and Saudi Arabia, focusing on the implications of new customs duties. The video also covers Oman's economic outlook, including its request for IMF technical assistance to support fiscal reforms.

What is the expected oil price range if OPEC+ reaches a baseline agreement?

• $60 to $65 per barrel

• $90 to $95 per barrel

• $70 to $75 per barrel

• $80 to $85 per barrel

How are higher oil prices expected to affect non-oil sector growth in the Gulf?

• They will cause a decline in growth.

• They may not translate into faster growth.

• They will have no impact.

• They will lead to rapid growth.

What is the main focus of Gulf governments in response to higher oil revenues?

• Increasing public spending

• Expanding oil production

• Deficit reduction

• Investing in technology

What percentage of the UAE's re-export trade to Saudi Arabia might be affected by new tariffs?

• 5%

• 25%

• 12%

• 20%

Why did Oman request technical assistance from the IMF?

• To receive financial aid

• To improve fiscal planning

• To reduce trade tariffs

• To increase oil production

What is the IMF's outlook on Oman's economic growth for 2021?

• Around 2.5% growth

• Over 5% growth

• Negative growth

• Stagnant growth

What is the nature of the IMF's assistance to Oman?

• Financial aid

• Technical assistance

• Military support

• Trade agreements