Bloomberg | IMF Sees Saudi Break-Even Oil Price Drop Less Than Forecast Bloomberg The average oil price that Saudi Arabia needs to balance its budget will fall this year by only half as much as forecast six months ago, according to the International Monetary Fund. The country's fiscal break-even price will drop to $79.70 a barrel ... Middle East's Economic Prospects Being Hurt By Oil Prices, Austerity And War AP Interview: IMF says low oil prices still hurting Mideast Spending cuts a must in Gulf despite oil recovery: IMF |