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DisgustedByMisleadia 1 point ago +2 / -1

ME countries need it above $55 to stay afloat.

All of them, or just some of them?

Saudi Arabia claims their cost of production is just $4/barrel:

https://www.forbes.com/sites/ellenrwald/2019/01/09/why-it-matters-how-much-oil-saudi-arabia-has/

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deleted 1 point ago +2 / -1
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DisgustedByMisleadia 1 point ago +1 / -0

NP, I thought that's what you meant. I remember an article long ago about the how the price of oil had dried up revenues to Iran.

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deleted 1 point ago +2 / -1