Summary Public spending has risen sharply since 2009 in several key oil producers that depend on oil export revenue to balance their budgets. As a result, governments in oil exporting nations account for 45 percent of global oil supply will require an oil price in excess of $90 per barrel (bbl) to finance 2015 budget … Continue reading Updating Fiscal Break-Even Oil Prices: As Oil Tumbles, What are the Risks for Exporters? […]

Read More…