Middle East Economic Survey
VOL. LIV
No 20
16-May-2011
REGIONAL
OPEC Countries Break-Even Oil Prices Expected To Continue Rising
The break-even oil prices needed by OPEC members to ensure macroeconomic stability are set to continue to trend upward, according to a recent report by Washingtons PFC Energy. Driven by rising levels of social spending by a number of Middle Eastern OPEC members, the wave of uprisings spreading across the MENA region is leading to higher price requirements....
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