2015 OUTLOOK: Middle Eastern economies shaken by oil price plunge

After the dramatic collapse of crude oil prices, steelmakers are worried about the negative impact this may have on the Middle East region’s infrastructure spending and with that on steel demand.


The global benchmark Brent crude oil ended 2014 at about half its value at the start of the year, a trend mirrored by most commodity prices globally.

Middle Eastern countries...

Published

Serife Durmus

December 31, 2014

17:01 GMT

Bursa