Comment on Here's how much it costs both Saudi Arabia and the US to produce oil

Here's how much it costs both Saudi Arabia and the US to produce oil

When crude oil prices crashed into the $20 range early last year, it had most oil-producing nations quaking in their boots. That's because few countries can make much -- if any -- money at that price point. I say most because there are a handful of producers that were still able to make a tidy profit at that price point.

 

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