Iran' needs oil above $ 90 a barrel to avoid deficit Saudi needs oil above $ 49 to avoid deficit; Qatar break-even $ 24: IMF Gulf Times - 21 September, 2008 www.gulfinthemedia.com:80/index.php?id=430091&news_type=Economy&lang=en Saudi Arabia, the world's largest oil exporter, will need crude prices to remain above $ 49 a barrel to avoid a fiscal deficit, a senior International Monetary Fund official has said. "If it goes below that level we would start seeing a fiscal account deficit," Mohsin Khan, director of Middle East and central Asia at the IMF, told Dow Jones Newswires. Oil prices have fallen drastically in the...
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