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Oil revenueCNBC
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74% Informative
Saudi Arabia's " breakeven " oil price is growing as the kingdom embarks on huge spending projects as part of Vision 2030 .
With each passing year , that projected breakeven oil price gets higher, and the kingdom's deficit widens.
But Saudi Arabia has plenty of tools at its disposal to deal with a widening deficit, economists say.
Nomura : Saudi Arabia's economy is progressing along its diversification track.
Risks remain if oil demand continues to be soft in major consuming countries and crude supply in non-OPEC+ countries continue to grow.
The kingdom "still lacks the quantum of foreign direct investments desired," Nomura report says.
VR Score
85
Informative language
91
Neutral language
37
Article tone
semi-formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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