What it costs to produce a barrel of oil

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. […]

Published November 26, 2015

By LizOutLoud

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

      

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