What it costs to produce a barrel of oil

What it costs to produce a barrel of oil

November 26, 2015
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By hellenicshippingnews Everyone in the energy industry is suffering as crude oil prices have slumped. But some oil producing countries are hurting more than others. In the United Kingdom, it costs $52.50 to produce a barrel of oil — which is trading right now around $42. Oil production in Brazil costs nearly $49 per barrel. Production costs … Read full story ›

Source:: Hellenic shipping news Oil