"Moody's" rating fell 18 oil exporter

2016/03/05 16:05 Number of Views: 8


Tomorrow Press / Follow - up: released the institution 's credit rating, "Moody 's ", a report on the Petroleum Exporting Countries, confirmed the outlook for the continuing decline in oil prices for a longer period than previously estimated affecting the credit standing of the top exporters. Over the past few days, recommended service management investment in Moody 's review the classification of 18 countries oil exporter, while lowered the credit rating of the four countries. reduced , "Moody 's " in their recent credit rating slightly for each of the Congo, Azerbaijan, Bahrain and Oman.

It has already been the institution 's credit rating lowered for Brazil strongly while kept classified Norway for it is. it is among the countries that will review the Moody 's credit rating because of low oil prices: Algeria, Gabon, Kuwait, Nigeria, Qatar, Saudi Arabia, UAE and Russia. according to the latest estimate for oil prices, Moody 's in January announced that the average price of Brent crude oil is expected for the current year is $ 33 a barrel, unexpected to rise to $ 38 in 2017 and to $ 48 a barrel in 2019.



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