Jun 20
This month’s briefing paper brings Saudi Arabian production and oil speculation into the spotlight. Click opbp_june_2008 for the PDF version.
Oil prices continue to maintain their record high levels, and consequently the New Zealand economy is likely to move into a recession, accompanied by high inflation. In particular, the petro-chemical, airline and fishing industries are coming under increased pressure as a direct result of increasing oil prices.

Saudi All Liquids Production


