Singapore, December 08, 2014 — Moody’s Investors Service says that while the six sovereign states in the Gulf Cooperation Council (GCC) can withstand the pressure of oil prices averaging around Moody’s estimate of $80 to $85 a barrel in 2015, Bahrain and Oman’s credit profiles will be the most adversely affected, because the two sovereigns exhibit a combination of high fiscal breakeven oil prices and low reserve buffers.
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