BUYING STABILITY
Break-even Brent oil prices ($ per barrel): the price that must be maintained for oil revenues to equilibrate annual budgets in oil-producing countries.
“Oil-producing countries face rising expenses due to higher social pressure in the aftermath of the Arab Spring. In consequence, the international oil price they need to cover their expenses is increasing.”
Marie-France Raynaud,deputy chief economist,
country risk and economic research department, Coface
From GFMag.com
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