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Experts suggest oil prices will be stable, rise a little: Saudi finance minister

 

 

 

By Reuters Staff

RIYADH
Petroleumworld 10 26 2017

As Saudi Arabia prepares its 2018 state budget, experts appear to be suggesting that oil prices will be stable or rise a little, Finance Minister Mohammed al-Jadaan said on Wednesday.

The government does not publish its oil price assumptions in its budgets, but economists estimated its 2017 budget assumed an average oil price in a range of about $47 to $55 a barrel.



Reporting by Andrew Torchia; Editing by Toby Chopra from Reuters.

reuters.com 10 25 2017

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