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  • Oman is advancing energy sector reforms to prepare for the transition and boost state finances. The establishment of an integrated, state gas firm is Muscat’s latest move in reorganizing its energy sector. Like Energy Development Oman, the new firm’s structure is intended to offset energy expenditures from the state budget. However, it joins a long roster of state companies with often overlapping mandates, potentially generating confusion for investors. While high energy prices improved Oman’s outlook, reforms also target diversification into renewables and green hydrogen. Yet, until these sectors develop, Oman remains exposed to price shocks, leaving its progress vulnerable to reversal.
    Thu, Jan 26, 2023
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  • Quantitative tightening, interest rate rises and concerns over financial institutions' solvency will have a big impact on oil markets.
    Tue, Jan 17, 2023
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