Re: Energy in Azerbaijan
Oil prices are still getting down sharply this morning, by -2.5%.
The Brent is 44.24 USD
The WTI at 39.3 USD.
As said in the previous article in Regnum, they planned their 2015 budget based on a 90 USD basis.
This is just a MEGA catastrophy for them.
The cost price of the off-shore oil of the BP must not be far from 30 USD.
That is, if things remain this way or even get worse, they are just offering their oil for free.....
Originally posted by londontsi
View Post
The Brent is 44.24 USD
The WTI at 39.3 USD.
As said in the previous article in Regnum, they planned their 2015 budget based on a 90 USD basis.
This is just a MEGA catastrophy for them.
The cost price of the off-shore oil of the BP must not be far from 30 USD.
That is, if things remain this way or even get worse, they are just offering their oil for free.....
Comment