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Oil companies think they can make money with oil prices as low as $30 to $40 per barrel due to lower expenses. That is about comparable to the Guyana barrier and significantly lower than the current oil price. It's also below break-even in many locations, including major shale resources in the United States, where costs are sometimes approaching $50 per barrel; this has given significant crude oil purchasers alternatives to the Middle East at lower prices. As a result of the prolonged conflict between Russia and Ukraine, Europe's ene... more

The report on the Suriname Crude Oil Market investigates the market's growth drivers as well as its segments. Market participants and regions have provided data. This market research looks in depth at all of the significant advancements that are currently taking place across all industry sectors. Statistics and presentations are used to provide key data analysis for the historical period (2017-2020). Suriname Crude Oil Markets, Drivers, Restraints, Opportunities, and Challenges are examined in this report. This SMR report ... more