• HSBC

Oman 2010 budget based on $50 oil

  • Oman: Monday, October 12 - 2009 at 11:23

Oman's national economy ministry has said the Sultanate's 2010 budget will be based on a projected average oil price of $50 a barrel, Reuters has reported. The $50 projection, which the Ministry of National Economy made on its website, is just $5 above the average price on which Oman had set its 2009 budget forecast.

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