July 5, 2022
Gulf Oil Producer Oman Is Quickly Running Out Of Options
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