Saudi and Opec breakeven oil prices are rising at worrying levels
alifarabia | April 6, 2011 | Bahrain, Iraq, Kuwait, Libya, Oil, Oman, Qatar, Saudi Arabia, UAE | No Comments
Saudi Arabia needs oil prices to remain at $83 to $ 88 a barrel to breakeven - almost double of what it was three years ago. Rising breakeven prices means less fiscal cushion, leaving Saudi Arabia vulnerable to fluctuations in oil prices. Read More Here
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