Saudis Need $70 Oil To Break Even –

Saudis Need $70 Oil To Break Even
The Saudi breakeven oil price to achieve zero deficit in 2017 is $73.10, according to the IMF, compared to $96.60 for 2016. Among the oil exporters in the region, Saudi Arabia has cut its breakeven oil price by the most between 2016 and 2017, but its
Saudi Arabia Leads Gulf Nations in Cutting Break-Even Oil Price …Bloomberg
If the price of oil goes up, the appetite for social and economic reform will go down: IMFCNBC
Low oil prices curb growth in Arab Gulf statesFinancial Times
KTAL –Reuters
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