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Brent breakeven price for new global oil projects by source type 2014-2020

This statistic shows the breakeven Brent crude oil price for new oil projects worldwide that are expected to start between 2014 and 2020. The Brent breakeven price for new oil sands projects expected to begin production between 2014 and 2020 is estimated to be 103 U.S. dollars per barrel.

Brent breakeven price for new oil projects worldwide expected to start between 2014 and 2020, by source type (in U.S. dollars per barrel)*

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Sources

Release date

May 2016

Region

Worldwide

Survey time period

2014

Supplementary notes

* Estimated breakeven prices based on the 30 largest projects within each oil deposit type with extraction commencement expected between 2014 and 2020.

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* Prices do not include sales tax.

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