Bloomberg | Saudi Arabia Sees Higher Oil Revenue as OPEC Cuts Boost Prices Bloomberg Saudi Arabia wouldn't be the only OPEC nation looking for higher oil prices next year. Iraq, OPEC's second-biggest producer, is assuming $46 a barrel for its 2018 budget, pending parliament approval, up from $42 a barrel for this year. Qatar's 2018 ... Oil Prices Could Soon Drop 50% How will Saudi Arabia's non-oil revenues be generated in 2018? |