The $113 Paradox: Saudi Arabia Needs Record Oil Prices to Fund the Plan to Not Need Oil

Thu, 12 Mar 2026 00:00:00 +0000

The $113 oil paradox KPI is the fiscal warning at the heart of Vision 2030: Saudi Arabia needs roughly $96 per barrel to balance the budget and about $113 per barrel to fund the full transformation pipeline.

One hundred and thirteen dollars.

That is the price per barrel of oil that Saudi Arabia needs, according to Bloomberg Economics, to fund Crown Prince Mohammed bin Salman’s full project pipeline. The breakeven price — the level needed simply to balance the government budget without funding new megaprojects — is $96. In December 2025, Saudi crude was trading at $55.60.

Oil-Prices on SAUDI VISION 2030 Intelligence Platform

The $113 Paradox: Saudi Arabia Needs Record Oil Prices to Fund the Plan to Not Need Oil