Dastgir, Shabbir (2016) How the Gulf states are coping with the new normal of low oil prices. The Conversation. ISSN 2044-5032
Abstract

The falling price of oil is beginning to have a real impact on the energy-fuelled economies of the Gulf. In 2014, after almost a decade of record highs, the price of a barrel of Brent crude began to collapse from a peak of US$140 to less than US$30. Saudi Arabia is lining up a US$2 trillion sovereign wealth fund to see it through the twilight years of the oil era.

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