What’s Wrong With Oil Prices Analysis?
..., Deutsche Bank and the Institute of International Finance ) also conduct regular assessments of the break-even points of oil prices, but they are irregular and often significantly differ from break-even levels established by the government or the IMF. The break-even point of oil prices determines the price level below which the state budget of an oil-producing country falls into a deficit. Theoretically speaking, the fall in oil prices below the break-even point entails certain actions on the part of the government. That ...
18.12.2015