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Which Oil Producers Are Breaking Even?

The world’s biggest petrostates need to sell oil at a certain price to balance their budgets. But there is a wide gap between the prices at which different producers break even. Government spending cuts and deferred projects have helped lower the breakeven price somewhat for countries like Saudi Arabia, but some petrostates still need oil prices above $100 a barrel to balance their budgets. Scroll to see forecasted break-even price per barrel for oil in 2016 for select oil producers.

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