30-06-2022, 03:41 PM
Russian oil products may be increasingly headed to Saudi Arabia via Egypt - Business Insider India
https://www.businessinsider.in/stock-mar...554389.cms
https://www.businessinsider.in/stock-mar...554389.cms
30-06-2022, 03:41 PM
30-06-2022, 04:19 PM
Oil is hovering 110 120 per barrel these days
Russia breakeven is approx 45 dollars
To very 'friendly' countries it is estimated around 75 dollars or lower
So this could mean Saudi breakeven could be higher than 45 dollars or just to keep some trading ongoing between them
'Unfriendly' countries will pay higher, and not everyone is complaining
Russia breakeven is approx 45 dollars
To very 'friendly' countries it is estimated around 75 dollars or lower
So this could mean Saudi breakeven could be higher than 45 dollars or just to keep some trading ongoing between them
'Unfriendly' countries will pay higher, and not everyone is complaining