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Guru Jeff: "Brent oil is getting positioned to be able to fund Iraq's 2021 budget" 11/24/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Guru Jeff: "Brent oil is getting positioned to be able to fund Iraq's 2021 budget" 11/24/20

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Guru Jeff: "Brent oil is getting positioned to be able to fund Iraq's 2021 budget" 11/24/20 Empty Guru Jeff: "Brent oil is getting positioned to be able to fund Iraq's 2021 budget" 11/24/20

Post by RamblerNash on Tue Nov 24, 2020 9:51 pm

Guru Jeff 

...about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses...Iraq can actually produce oil for about $10.70 per barrel.  That was just 5 years ago.  I doubt they're even above $15 at this point.  Iraq can literally extract a barrel of oil for $15 a barrel.  So anything above $15 is pure cash profit...  Article "Brent barrel is at the highest level since March 2020".  Brent oil was trading at $46.48.  Brent oil is getting positioned to be able to fund Iraq's 2021 budget...
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