Oil Prices in 2012 to Remain Stable
AREF Energy, a leading energy investment holding in Kuwait sees stable oil prices in 2012 hovering around $110 per barrel due to consumption from the emerging markets. Nonetheless, Al-Hashash, chairman of the company warns that any geopolitical instability could create temporary oil price spike that would paralyze consumer confidence potentially causing another recession.
AREF Energy, a leading energy investment holding in Kuwait sees stable oil prices in 2012 hovering around $110 per barrel due to consumption from the emerging markets. Nonetheless, Al-Hashash, chairman of the company warns that any geopolitical instability could create temporary oil price spike that would paralyze consumer confidence potentially causing another recession.
About AREF Energy:
AREF Energy Holding Company K.S.C. (Closed) (herein referred to as “AREF Energy” or “the holding company” or “the company”) is an investment holding company, which strives to generate returns through value creation in medium-sized energy sector companies in the MENA (Middle East and North Africa) region. AREF Energy Holding Company would be looking to invest as a strategic partner in niche markets of Energy, Oil & Gas services sectors. Credit rating – AREF Energy Credit Rating
Interview:
Kuwait Oil Investments: Investing in Oil and Gas Technologies & Companies
Company Profile:
AREF Energy: Investment Partner in Oil & Gas services sectors