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Now you know how much a barrel of oil costs, and how much can be produced from
that oil you might be interested
in how much it actually costs to produce that barel of oil.
Unfortunetly there is no set cost that can be used across the board but this
table below will show you the break-Even
points for most of the top oil prodicing countries so you can see which ones
make the most and which ones make the least
We have also prodced a calculator which show the profitability for each country
at whatever price you choose.
We hope you find this useful.
|
Country |
Break Even Price
|
|
Bahrain |
40
|
|
Kuwait |
17
|
|
Saudi Arabia |
30
|
|
U.A.E. |
25
|
|
Oman |
40
|
|
Qatar |
30
|
|
Canada's oil sands |
33
|
Table Showing Profitabilty of Oil at Current Levels
| Country | Break Even | Price | Profitability |
| Bahrain | 40 | 58 | 45.00% |
| Kuwait | 17 | 58 | 241.18% |
| Saudi Arabia | 30 | 58 | 93.33% |
| U.A.E. | 25 | 58 | 232.00% |
| Oman | 40 | 58 | 45.00% |
| Qatar | 30 | 58 | 93.33% |
| Canada's oil sands | 33 | 58 | 75.76% |
So as you can see even with the cost of Oil far, far lower than the recent Highs of $145 per barrel.
All countries are currently making a pretty decent return, with the most expensive countries having a
$18 cushion.
And if you look at the table below this shows the profitability when oil was up at $145 per Barrel
Table Showing Profitabilty of Oil at Peak Prices
| Country | Break Even | Price | Profitability |
| Bahrain | 40 | 145 | 262.50% |
| Kuwait | 17 | 145 | 752.94% |
| Saudi Arabia | 30 | 145 | 383.33% |
| U.A.E. | 25 | 145 | 480.00% |
| Oman | 40 | 145 | 262.50% |
| Qatar | 30 | 145 | 383.33% |
| Canada's oil sands | 33 | 145 | 339.39% |
So as you can see under one year ago, all countries were making huge profit margins ranging from 262% to a
whopping 753% for the best performing county. So taking this into account, im sure they can afford a little
time back down a half reasonable prices and in our view they could even afford to be even lower
without causing too much pain.
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