Opinion: Who Will Be Left Standing At The End Of The Oil War?
Green Car Congress
FEBRUARY 25, 2016
OPEC governments downsize their budgets, cut social spending and put big projects on hold to lower the breakeven price. Production in the UAE costs just over $12 per barrel, which is pretty much the same as in Iran, though Iranian officials say they will eventually be able to produce for as low as $1 per barrel from their central fields.
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