Kuwait's Al-Saleh: $50-$60 Is Acceptable for Oil

The transcript discusses Kuwait's budget deficit due to lower oil prices and plans to tap international markets to raise funds. It covers the outlook on oil prices, satisfaction with OPEC production cuts, and the impact of oil prices on the budget deficit. The discussion includes future oil price expectations, production levels, and the status of oil fields in the neutral zone. Additionally, it touches on plans to sell stakes in the national oil company and the potential influence of the Aramco IPO.

What is the primary reason for the budget deficit discussed in the video?

• High oil prices

• Lower oil prices

• Economic sanctions

• Increased government spending

What is the speaker's outlook on oil prices for the coming period?

• $40-$50

• $30-$40

• $50-$60

• $60-$70

How does the speaker feel about the OPEC production cuts?

• Unaware

• Dissatisfied

• Neutral

• Satisfied

What is the expected impact on the budget deficit if oil prices average $55?

• Increase by 50%

• No change

• Decrease by 50%

• Double

What percentage of oil revenue is transferred to the future generation fund?

• 20%

• 15%

• 10%

• 5%

What is the status of the shared oil fields between Kuwait and Saudi Arabia?

• Fully operational

• Not producing

• Abandoned

• Partially operational

What might influence Kuwait's decision to sell stakes in the national oil company?

• Oil prices reaching $70

• Increased production in the neutral zone

• A change in government policy

• The success of the Aramco IPO