A note on the news: “Break-even” oil prices
May 9, 2025
(Oil & Gas 360) – Over the past few weeks, several headlines regarding the international oil business have surprised market watchers: The news that the OPEC+ group decided to increase its production rate in May by 411,000 barrels a day (b/d). The Trump Administration decision to tighten sanctions, including secondary sanctions, on Iranian-exported oil. Iran exports 1.8 to
