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....