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Mohammed Al-Jadaan, Saudi Arabia's finance minister, second right, attends a panel at the 2020 Budget Forum in Riyadh, Saudi Arabia, on Tuesday, Dec. 10, 2019. The worlds biggest oil exporter has designed next years budget under the assumption that Brent will average about $65 per barrel, according to calculations by Ziad Daoud, Bloombergs chief economist in the Middle East. Photographer: Faisal Al Nasser/Bloomberg via Getty Images

Mohammed Al-Jadaan, Saudi Arabia's finance minister, second right, attends a panel at the 2020 Budget Forum in Riyadh, Saudi Arabia, on Tuesday, Dec. 10, 2019. The worlds biggest oil exporter has designed next years budget under the assumption that Brent will average about $65 per barrel, according to calculations by Ziad Daoud, Bloombergs chief economist in the Middle East. Photographer: Faisal Al Nasser/Bloomberg via Getty Images