RE:RE:highrider - indonesia oilhttps://money.cnn.com/interactive/economy/the-cost-to-produce-a-barrel-of-oil/index.html?iid=EL
CNN's new twist.
UK and Brazil production will fall first if this information is correct. 25% of UK + Brazil production cut should be enough to balance any surplus or Iran stuff.(anyone do some number crunching here?) .
Canada is in the third place , seemingly pulled up on the average by expensive oilsands. Many countries have 35-36 as the current breakeven price. That may serve as the ultimate bottom for longer term traders.