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re: Oil stocks, oversupply and the Iran deal

Posted on 3/17/15 at 9:30 pm to GFunk
Posted by GREENHEAD22
Member since Nov 2009
19627 posts
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Posted on 3/17/15 at 9:30 pm to GFunk
Those may be prices to balance their budgets, which I think is still off at least with SA, those definitely aren't breakeven prices. The author has his info mixed up.
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Posted by Lou Pai
Member since Dec 2014
28152 posts
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Posted on 3/17/15 at 11:08 pm to GREENHEAD22
It's misleading and confusing, but they mean "breakeven" from a fiscal regime standpoint, not economics in wells.
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