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Saudis Leads Gulf Nations in Cutting Break-Even Oil Price - Bloomberg
Bloomberg | Saudis Leads Gulf Nations in Cutting Break-Even Oil Price Bloomberg The kingdom will need oil to trade at $70 a barrel next year to break even, the Washington-based International Monetary Fund said Tuesday in its Regional Economic Outlook for the Middle East and Central Asia. That's down from a break-even of $96.60 a ... IMF tells Gulf states to speed up switch from oil IMF projects deficits of $320B for Mideast oil exporters Stronger non-oil growth to drive UAE GDP growth in 2018: IMF |
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