{"id":16155,"date":"2018-12-08T09:38:13","date_gmt":"2018-12-08T15:38:13","guid":{"rendered":"https:\/\/www.dinarupdates.com\/observer\/?p=16155"},"modified":"2018-12-08T09:38:13","modified_gmt":"2018-12-08T15:38:13","slug":"breitling-12","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=16155","title":{"rendered":"Breitling"},"content":{"rendered":"<p><strong><span style=\"color: #c23b3b;\">Breitling\u00a0&#8211; Dinar Guru<\/span><\/strong>\u00a0 Article: \u201c<em>Iraq, Kuwait and Qatar are the only major OPEC producers able to balance their budget.\u00a0 According to current prices of 58 dollars per barrel Iraq, Kuwait and Qatar are the only major producers who can balance their budget\u2026Kuwait needs $48 to reach break even point.\u00a0 While Qatar can balance it\u2019s budget by a barrel of oil of about $47\u2026according to IMF data Iraq requires $55 per barrel<\/em>.\u201d\u00a0 So there we have it\u2026the budget that I had and the numbers I was looking at was about $58 to $60.\u00a0 So I don\u2019t know where these numbers come from but let\u2019s assume these guys are right they\u2019re saying the data came from the IMF.\u00a0 \u201c<em>Iraq requires $55 per barrel to achieve a break.\u00a0 Saudi Arabia needs $88<\/em>.\u201d\u00a0 We know Saudi Arabi doesn\u2019t need $88 anymore because they got opened up to U.S. markets.\u00a0 So the UAE needs $71.\u00a0 Amman [Jordan] needs $77.\u00a0 Iran needs $111\u2026and Libya needs $114.\u00a0\u00a0<strong>So that\u2019s what we\u2019re looking at, $55 per barrel.\u00a0 Remember it\u2019s long-term\u2026We\u2019re trying to shut out Iran.\u00a0 We\u2019re trying to offer a way out to Iraq that makes them a partner with us.\u00a0 And they\u2019re probably going to take it because they\u2019re looking at what\u2019s happening with Saudi Arabia.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breitling\u00a0&#8211; Dinar Guru\u00a0 Article: \u201cIraq, Kuwait and Qatar are the only major OPEC producers able to balance their budget.\u00a0 According to current prices of 58 dollars per barrel Iraq, Kuwait and Qatar are the only major producers who can balance &hellip; <a href=\"https:\/\/dinarupdates.com\/observer\/?p=16155\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-16155","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-4cz","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/16155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16155"}],"version-history":[{"count":1,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/16155\/revisions"}],"predecessor-version":[{"id":16156,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/16155\/revisions\/16156"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}