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Oil Production Cost: How Much is Needed

As oil prices began to plunge in 2014, after being above $100 per barrel, producers and consumers in the energy sector turned into the books to look at where to invest and where the cheapest options for oil production and purchasing were and may lie the future.

The clear correlation to economic impact to each of the nations listed bellow, can be estimated from the current oil prices and country dependency to the sales of the product, therefore it is not an even distribution of impact from country to country but it is still a good indicator as to which countries will take a bigger toll from slumping oil prices.

As a source for information Rystad Energy release a list of total cost (capital expenditure + operational expenditure) for major oil producing countries and here is the scoop:

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