Saudi finance minister: experts suggest oil prices will be stable, rise a little
- By Reuters |
- Oct 25, 2017
- Last Updated at 18:48 IST
RIYADH - 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.
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OPINION POLL
Will Nifty able to test 11,700 level in August series ?
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