Blog: Oil & Gas Sector - Oil : The New Normal

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1 comment(s). Last comment by lotsofmoney 2014-12-01 14:17

lotsofmoney

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Posted by lotsofmoney > 2014-12-01 14:17 | Report Abuse

The downside now is USD 30 PB. The Saudi will feel the pinch even though their production cost is less than 1 USD. The Royal Family cost of living will also be affected. For Russia and IS, no bottom price because their survivor depends on oil income. Any money is better than no money.

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