Recently, affected by the epidemic, international crude oil prices have been falling continuously. Before the international crude oil fell below $30, what impact did the drop in crude oil have on China oil companies? It is reported that US WTI crude oil fell below the key price of $20, as low as1$9.96/barrel. London crude oil futures once fell by 7.6% to the lowest point since June 2002 165438+ 10, and oil prices fell by 5.4% last Friday, the fifth consecutive week.
The cost of extracting a barrel of crude oil in different countries
Relatively speaking, even in the United States, which has successfully innovated shale oil technology, the current comprehensive cost of crude oil exploitation needs $36. As a country with high external dependence on energy, the price of crude oil exploitation in China should reach US$ 50, the cost of crude oil exploitation per barrel in Britain is about US$ 52.5, that in Brazil is US$ 49 and that in Canada is 4 1 US$. Comparatively speaking, the cost of crude oil exploitation in the Middle East, especially in Saudi Arabia, will not exceed.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
No wonder the Saudi prince said that even if crude oil falls to one dollar a barrel, we will still make money!