Tuesday 25 August 2015

How GCC states’ break-even oil prices stack up | The National

How GCC states’ break-even oil prices stack up | The National:



"The fiscal break-even price of oil is the price that balances an oil-exporting country’s budget.



Different institutions and assessors provide varying estimates of the BEP (break-even price), leading to confusion in the minds of many who track the metric.



The metric, at its core, is simple in terms of calculation. So why, then, the plethora of estimates?"



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