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How much does it cost for the Saudis to produce one barrel of oil?
Wiki User
∙ 11y ago
According to The Economist magazine ,Oct,6th,2012 , page58:
$78 is their cost.
Wiki User
∙ 11y ago
Wiki User
∙ 8y agoSaudi Arabia produces about 4,015,000,000 barrels of crude oil annually, about 12 million barrels a day.
Wiki User
∙ 13y agoAbout 8M barrels a day
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