June 4, 2019/OilPrice.com – Saudi Arabia used 0.4 mb/d of oil for power generation in 2018, the lowest total since 2009, according to the EIA. – The Kingdom has deployed more gas-fired generation, freeing up oil for export. – It also has increased its refining capacity, making it a […]
OPINION/EDITORIAL
No-Deal Brexit More Likely; Path Ahead Remains Unclear
June 4, 2019/Fitch Ratings The resignation of UK Prime Minister Theresa May and the strong showing by the Brexit Party in European Parliamentary elections increases the risk of a no-deal Brexit, but the lack of a parliamentary majority for leaving without a deal could constrain this path, Fitch Ratings says. […]
Tariffs Would Undermine Mexico Economic Growth Prospects
June 4, 2019/Fitch Ratings Escalating trade tensions between Mexico and the U.S. will disrupt Mexican economic growth, which has already shown signs of deceleration, says Fitch Ratings. These tensions could also delay approval of the United State-Mexico Canada (USMCA) trade agreement. On May 30, U.S. President Trump announced a 5% […]
