Middle East Economic Survey

VOL. LIII

No 1

4-Jan-2010

MEESAgenda

Producing Countries See Higher Crude Prices For 2010 Budgets

For their 2010 state budgets oil producing countries continued to lean towards using higher average crude prices, according to data coming in from those that have released details of their deliberations. Others still formulating forecasts are also expected to follow suit and either adopt higher or unchanged prices, with few expecting lower prices. They were spurred along by...