Energy Intelligence External Break-Even Price Update

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Compare and assess the economic and fiscal pressures on major Opec-plus producers

Energy Intelligence’s External Break-Even Price Update is a proprietary analysis of the average external break-even price—which measures the oil price needed to pay for imports and balance external accounts—needed by the Opec-plus group.

Our latest analysis shows the average external break-even price dropping to around $68/bbl for 2021, before climbing to $72/bbl in 2022.

You can learn more about the External Break-even Price Update – and our Risk Service – by downloading the full report.

>> DOWNLOAD the External Break-Even Price Update report, by completing this form

The External Break-Even Price Update is part of the Risk Service which helps the oil and gas industry mitigate risks and capture opportunities at the nexus of energy, politics and energy transition. We deliver a combination of news, analysis, data and research to help clients secure new investment opportunities and mitigate traditional and emerging aboveground risks.

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  • Economic and fiscal pressures on major Opec-plus producers are beginning to ease. Energy Intelligence’s updated external break-even price modeling indicates that the average break-even for 2021 dropped to around $69 per barrel. Simultaneously, our improved 2021 and 2022 Brent price outlook of $70/bbl and $77/bbl, respectively, provides much needed relief. Nonetheless, downside risks persist. Critically, questions remain about how Opec-plus will handle additional Libyan and potentially Iranian volumes.
    Mon, Sep 27, 2021
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