Their production cost is around $38. Anything below $38 and above $5 allows Saudi Arabia to earn well. A figure like $36-35 could be reached. If such a price is established, I think the Russian Federation could last a maximum of 3-4 months.
Russia will face serious economic problems if the price of oil falls below $38.
#Oil #Russia #Economy of Russia #Economy
#Oil #Russia #Economy of Russia #Economy
ru → en
Notes and References
1) Visiting Gordon [https://youtu.be/Nrg0kyA3dMw?t=2271]
Prediction params: expected, complex, confident
