Pssst... Saudi Arabia Needs $60 Oil Just to Break Even These Days

* username: rupertbu

Talk about getting comfortable with the multi-year commodities super-spike we've had...

Saudi Arabia's National Commercial Bank has disclosed that its government requires $60 just to break even on its budget these days.

Yet they're actually aiming for $75 oil in 2010, which will provide them with a healthy $24.3 billion budget surplus.