July 5, 2022
Gulf Oil Producer Oman Is Quickly Running Out Of Options
![Gulf Oil Producer Oman Is Quickly Running Out Of Options 1 Gulf-Oil-Producer-Oman](https://economicbuddy.com/wp-content/uploads/2022/07/Gulf-Oil-Producer-Oman-Is-Quickly-Running-768x576-1-150x150.png)
Even before the latest Saudi-instigated oil war crashed oil prices, Oman had a budget breakeven price per barrel of Brent of over US$85, with a senior legal source in Abu Dhabi focusing on the oil industry spoken to by OilPrice.com at that time stating that the Sultanate needed at least US$7 billion very quickly to avoid extremely