Middle East Economic Survey
VOL. LII
No 42
19-Oct-2009
MEES Agenda
Producing Countries Deliberate Higher Crude Prices For 2010 Budgets
Oil producing countries are leaning towards using higher average crude prices in calculating their 2010 state budgets, according to data coming in from the handful that have released details of their deliberations. Others that have yet to formulate forecasts are also expected to follow suit and adopt higher prices. They have been encouraged by the climb in crude...
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