Differentiation of oil production break-even level among world oil companies
Differentiation of oil production break-even level among world oil companies
The issue of modern development in the oil industry has become extremely urgent. In 2020, for the 1st time in history, the exchange price of oil crossed the negative threshold, radically changing the understanding of economic processes in the industry. This paper examines the consequences of this stressful situation in the context of the financial stability of global oil companies in conjunction with ensuring the budgetary balance for resourceexporting countries. In the course of the study, the