Published on 13th January 2020
Brunei's economy expanded by 2% to $4.6 billion from July to September 2019, primarily due to higher crude oil production and a significant increase in banking services. Crude oil output rose to 113.3 thousand barrels per day compared to the previous year's 105.5 thousand barrels, despite a price decrease. While LNG an...
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Did you know that Brunei's economy grew by 2% in Q3 2019, largely thanks to a boost in crude oil production and banking services? Despite oil prices dropping, production increased from 105.5 thousand barrels per day to 113.3 thousand! Talk about turning tides in the economy!
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