Subscribe to RSS

Saudi and Opec breakeven oil prices are rising at worrying levels


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


Add your comment


Other articlesgo to homepage

GCC budget breakeven oil price creeps up

GCC budget breakeven oil price creeps up(0)

Budget breakeven oil prices in most Gulf Arab producers are creeping upwards, as governments continue to push through investment stimulus programs despite flatter production.

MENA oil and gas pay scale not competitive enough

MENA oil and gas pay scale not competitive enough(0)

Oil and gas workers in some Middle Eastern countries have some of the lowest wages compared with energy sector salaries around the world.

New firm positions UAE in aluminum output

New firm positions UAE in aluminum output(0)

Dubai Aluminium ‘s ( DUBAL ) formal merger with its Abu Dhabi counterpart Emirates Aluminium (EMAL) is a reflection of the UAE’s rise as a low-cost smelter destination at a time when high-cost players are slashing their output.

Iraq oil output surges despite turmoil

Iraq oil output surges despite turmoil(0)

Iraq ramped up oil production to a 35-year high last month despite a worsening security situation and political standoffs in the country, but experts said more investment was needed if Iraq wants to realize ambitious output targets.

Saudi e-commerce rakes in USD4.3bn

Saudi e-commerce rakes in USD4.3bn(0)

Saudis spent USD 4.3 billion on online transactions last year, according to a report by the Arab Advisors Group.

read more

Popular Posts

Sorry. No data so far.

Contacts and information

AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues. It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.

Social networks

Most popular categories