Fitch

Monday Minutes: Economic Snapshot

A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Kuwait Energy Looks to Sell Iraq Asset to Repay Debt

Independent oil and gas company Kuwait Oil is considering selling all or part of its Block 9 asset in southern Iraq, and has hired investment bank Perella Weinberg Partners (PWP) to advise on the matter.

Sanctions Will Cause Russian Oil Production to Drop in 2016: Fitch

Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch Ratings said in its forecast Tuesday.

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