Cost of Oil Production by Country
Cost of Oil Production by Country
Cost of Oil Production by Country
Country
The oil price has fallen by more than 30% since Summer 2014. This
affected everyone from producers to consumers. The visualization
represents Oil Price Dynamics, Breakeven Oil Price which shows oil
prices needed to meet general government expenditure and
Marginal Cost of Oil Production which shows the change in total cost
of producing one additional barrel of oil.World oil price at $55-$60 /
barrel exceeds the cost of Russian Arctic oil production, Europe and
Brazil biofuels production, shale and tight oil production in US and
Canada and offshore oil extraction in Brazil.State budgets of oilproducing countries will suffer from oil price decrease if the market
price falls below breakeven price. In Dec. 2014 world oil prices fell
lower than necessary for almost all oil exporters in order to balance
their government expenditures.
The data comes fromIMF,Deutsche Bank,Citi ResearchandReuters
Oil PricesCoal PricesNatural Gas PricesCommodity Prices
ForecastBP Energy Outlook
2030GoldSilverCopperAluminiumNickelZincG20 Economic
Forecast:GDP growth,Inflation,Unemployment,Government
Debt,Current Account Balance
35.3
34.16
2007
2008
38.11
37.52
34.51
36.78
2009
2010
2011
2012
10%
0%
Arabia Saudita
Federacin de Rusia
Canad
Irn
Emiratos rabes Unidos
Nigeria
Angola
Iraq
Repblica Bolivariana de
Venezuela
Kuwait
Others
Arctic
120,00
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
18,00
Sand
Shale
Total
Arctic
Biodiesel
110,00
Deep-water
Ethanol
103,00
Offshore
Onshore
Sand
Shale
Total
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
90,00
Shale
Total
Arctic
Biodiesel
Deep-water
Ethanol
66,00
Offshore
80,00
Onshore
Sand
Shale
Total
Arctic
Biodiesel
Deep-water
57,00
Ethanol
Offshore
Onshore
Sand
Shale
73,00
Total
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
40,00
Onshore
Sand
Shale
Total
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
20,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
20,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
16,00
Arctic
Biodiesel
Deep-water
30,00
Ethanol
Offshore
Onshore
15,00
Sand
Shale
Total
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
15,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
15,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
15,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
15,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
7,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
Sand
Shale
Total
6,00
Arctic
Biodiesel
Deep-water
Ethanol
Offshore
Onshore
3,00
Sand
Shale
Total