Fiscal Breakeven Oil Prices: Uses, Abuses, And Opportunities ...
D I S C U S S I O N P A P E R Fiscal Breakeven Oil Prices: Uses, Abuses, and Opportunities for Improvement Blake Clayton and Michael A. Levi ... Retrieve Here
N°27 FEBRUARY 2015 ECONOTE - Societegenerale.com
The fiscal breakeven oil price is an annual estimate for a given country of the oil price that would ensure the balance between the level of its tax revenues and the level of its public expenditure. The breakeven price does not take into ... Retrieve Here
EM oil Producers: breakeven Pain Thresholds - Deutsche AM
It’s difficult to pin down the fiscal numbers in Venezuela with boosting the local currency value of oil revenues, the breakeven price would still remain around $117bbl. EM oil producers: breakeven pain thresholds Page 4 Deutsche Bank AG/London (a) ... Return Doc
OPEC Likely To Keep Pumping Despite Budget Woes Of Some Members
The first measure, the fiscal breakeven oil price—the price at which a government can balance its 2015 budget.2 The estimates range from $36 to $207 per barrel. For example, Libya, Venezuela and Algeria would require oil prices of about $207, $87 and $100, ... Access This Document
Budget 2014 - Alkhabeer
Has acknowledged the impending fiscal pressures and the International Monetary Fund‘s Historical Oil Price and Production Levels 2009 2010 2011 2012 2013P Saudi Arabia- Budget 2014 www.alkhabeer.com 4 Oil revenues likely to fall in 2014 ... Document Viewer
A Different View To fiscal break-even oil Prices - IEE JAPAN
Fiscal break-even oil price (hereafter, break-even price), Aissaoui, Ali (2013) “Modeling OPEC Fiscal Break-Even Oil Prices: New Findings and Policy Insights,” A different view to fiscal break-even oil prices ... Read Content
Capitalizing On The Evolving Energy Landscape - SACRS
Capitalizing on the Evolving Energy Landscape May 13, 2015 Andrew Brett, OPEC Fiscal Breakeven* OPEC Break Even Prices Current Brent Price Breakeven Prices: Well Above Current Prices 17 Notes: For OPEC, fiscal breakeven represents the oil price required to meet each country’s budget ... Return Doc
Break-even (economics) - Wikipedia
Once they surpass the break-even price, the company can start making a profit. The break-even point is one of the most commonly used concepts of financial analysis, The Breakeven value is not a generic value and will vary dependent on the individual business. ... Read Article
Real GDP Growth 2013 2014 2015 2016 2017 2015 2016 Actual ...
Government finances in the G are expected to deteriorate in the G , despite fiscal ahrain has the highest vulnerability to oil price shocks with a breakeven oil price of over USD 93/bbl over 2016 & 17, as per the IMF, ... Content Retrieval
For Production Cuts, Oil Market Looks To OPEC, But OPEC Looks ...
Many in the oil market assume OPEC has little choice but to act to prevent lower The oil price drop and stand-back Saudi posture thus raises key questions: $130 a barrel fiscal breakeven price is well above Riyadh’s. ... Retrieve Full Source
Unconventional Oil & Gas - TEXPERS
Unconventional Oil & Gas Current Views & Outlook 26th ANNUAL TEXPERS CONFERENECE Bar height = price estimate range) Fiscal Breakeven Price ($/Bbl) Breakeven Price ($/Bbl) Current Account Breakeven Price , 2015 Cumulative Production Period (mbd) ... Get Doc
Global Implications Of Low oil Prices - European Central Bank
Global implications of low oil prices This box looks at the impact on global activity of the oil price declines during the last two years. Notes: The fiscal breakeven oil price is defined as the oil price that balances the government budget. ... Fetch Content
Fiscal Breakeven Oil Prices: Uses, Abuses, And Opportunities ...
O V E R V I E W An oil-exporting country’s “fiscal breakeven” oil price is the min-imum price per barrel that the country needs in order to meet its ... Return Document
Oil Prices And The GCC: The Resilient And The Less So
Allocations that will offset any oil price decline in the short term. Fiscal spending would be sustained for some time as it provides The resilient and the less so Oman’s breakeven oil price increased from USD 62 in 2008 to an estimated USD 101 in 2014. A ... Read Content
Oil Prices In Crisis Considerations And Implications For The ...
Oil Prices in Crisis Considerations and Implications for the Oil and Gas Industry It seems one cannot go a day without seeing a headline about the low price of oil and the potential The fiscal breakeven cost is the price that OPEC producers need to receive for their oil in order to ... Read Full Source
Where Is The Oil Price Heading? - YouTube
Where is the Oil Price Heading? a protracted period but one has to take into consideration that many producers need higher prices than today just to breakeven. The big country exporters need a price higher than $80 just to balance their fiscal budgets. ... View Video
Oil Market Dynamics And Saudi fiscal Challenges Summary
December 2014 Oil market dynamics and Saudi fiscal challenges Although the obvious target is US shale oil, which has a breakeven of between $65-90 per barrel, A combination of factors would see oil price reach our high price ... Read More
PANHANDLE OIL AND GAS INC. Reports Fiscal Third Quarter And Nine Months 2017 Results And Operations Update
Capital expenditures for the 2017 fiscal quarter totaled $10,290,467. Total revenues for the 2017 third quarter were $12,437,186, a 26% increase from $9,864,090 for the 2016 quarter. Oil, NGL ... Read News
What Is The Impact Of Lower Oil Prices In Kuwait And On The ...
The fiscal breakeven oil price for each year was estimated by multiplying government Impact of Lower Oil Prices Institute of Banking Studies – Kuwait ... Retrieve Document
Statistical Appendix: Regional Economic Outlook Update ...
That the price of oil1 will average US$56.7 a barrel in 2015 and US$64.9 a barrel which refer to the fiscal years: Afghanistan (March 21/March 20 until 2011, and December 21/December 20 thereafter), Iran (March MENA oil importers 343.9 547.1 575.4 609.5 332.6 349.3 Arab Countries in ... Fetch This Document
Arnold Schneider's 2nd Quarter Letter From Schneider Capital Management
In addition to large OPEC deficits, Russia's $90 billion reserve fund will be gone by next year despite lowering their fiscal breakeven oil price. Putin's foreign adventures may be related to ... Read News
Economic Commentary 8 September 2013 APICORP Research
Economic Commentary In its simplest definition a fiscal breakeven price is the oil price Because it is a fixed cost, a fiscal breakeven price cannot be interpreted as a reservation price: no OPEC ... Doc Retrieval
Assessing Break Even Oil Price By 2020 - YouTube
Webinar Key points: - Understand why Fiscal Breakeven Oil Price matters - Why do different agencies report different numbers - Assessing its potential impact ... View Video
Oil: Fiscal Breakevens Are A Key Guide To Exporters ...
To Exporters’ Sovereign Credit Risk Venezuela’s fiscal breakeven oil price is challenging to estimate, partly because it is not clear what exchange rate the government uses when converting oil-derived revenues. The ... Fetch This Document
GCC Budget Analysis - Jeg.org.sa
GCC Budget Analysis Although large fiscal and external buffers offer a cushion to survive any short term price shock, a sustained drop in oil price could drain fiscal surpluses. ... Return Doc