CNBC | Saudis Need $70 Oil To Break Even OilPrice.com 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 ... If the price of oil goes up, the appetite for reform will go down, says the IMF's MENA director Low oil prices curb growth in Arab Gulf states Oil pain continues: IMF slashes growth forecast for Gulf states |