Nov 3, 2008

Oil Watch: Who's Still Making Money?

According to the IMF (and a nifty little CNBC slideshow), the recent decline in oil prices is hurting some countries more than others. Oil traded this morning at $66.04 a barrel.

Azerbaijan's breakeven price

Kazakhstan's breakeven price
2008: $59

Iran's breakeven price
2008: $90
2009: $90

Sorry, Russia was not on the list.

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