Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
While the oil price assumptions of the 2009−2010 budgets of Middle Eastern oil-producing countries remain conservative, differences in price assumptions reflect several geological, technical, social, political and economic factors. Poorer countries continued to assume higher prices than richer countries, with Bahrain, Iraq and Yemen assuming prices above $50/bbl and Kuwait and the UAE assuming prices at $35 and $38/bbl, respectively. Pundits estimate the Saudi budget oil price to be around $40/bbl. It is worth noting that price assumptions are “state secrets,” and all the reported numbers are calculated by various groups and experts. Also, price assumptions have moved downward more than once as oil prices continued to decline in recent months.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.