Qatar estimate of the day

According to PFC Energy, a Washington DC consultancy, Venezuela requires an oil price of $95 a barrel to ensure macroeconomic security, Saudi Arabia $55.  Qatar, however, could still remain financially stable even with oil below $10 a barrel…It is the only significant oil exporter that was less dependent on higher oil prices in 2008 than in 2000.

That is from the new and useful book by Allen J. Fromherz, Qatar: A Modern History, updated edition, recently published by Georgetown University Press.

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