Energy traders acknowledge the value of the so - called Middle East risk price -- $ 10 to $ 15 dollars a barrel . The Sultanate 's 2013 budget was built on oil projections of $ 85 a barrel , with energy making up 80 % of total revenues . Military pressure on Syria is pushing crude well above what oil producer Saudi Arabia believes is a fair price of $ 100 . The higher prices will benefit the economies which are running current account deficits and are subject to the capital flight .
Energy traders acknowledge the value of the so - called Middle East risk price -- $ 10 to $ 15 dollars a barrel . Military pressure on Syria is pushing crude well above what oil producer Saudi Arabia believes is a fair price of $ 100 . The higher prices will benefit the economies which are running current account deficits and are subject to the capital flight .