---
title: Looks like saudi arabia's balance of payments breakeven oil price (oil price that avoids a current account deficit) is now close to $85 a barrel...
description: "This could explain why there is some scale back from NEOM + the need for oil prices to stay higher for longer...\n\nSource: Brad Setser"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Looks like saudi arabia's balance of payments breakeven oil price (oil price that avoids a current account deficit) is now close to $85 a barrel...](https://blog.syzgroup.com/syz-the-moment/looks-like-saudi-arabias-balance-of-payments-breakeven-oil-price-oil-price-that-avoids-a-current-account-deficit-is-now-close-to-85-a-barrel)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 8, 2024, 2:34:24 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/looks-like-saudi-arabias-balance-of-payments-breakeven-oil-price-oil-price-that-avoids-a-current-account-deficit-is-now-close-to-85-a-barrel)

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