$100 per barrel: the line was finally crossed on January 2nd 2008.
What does this imply for profits of oil producing nations?
In order to run some numbers we have to consider a key measure called the break-even price
which is the amount of money it takes to extract 1 barrel of oil.
The break-even price is the first thing oil companies […]
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AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.
