CNBC | Middle East oil importers to beat exporters in growth recovery, IMF ... CNBC Oil-importing countries in the Middle East and Central Asia region are to beat their oil-exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outlook. Saudi Arabia needs oil at $85-$87 a barrel to balance budget: IMF official Saudi Arabia needs oil at $85 a barrel to balance budget, says IMF |