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U.S. oil companies need the price to stay above $65. in order to be profitable. Saudi Arabia has lower costs for their oil and has increased production to drive the price of oil as low as $58. It is currently at $63 per barrel.

May 13, 2025, 3:00 PM

Record data

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    "text": "U.S. oil companies need the price to stay above $65. in order to be profitable. Saudi Arabia has lower costs for their oil and has increased production to drive the price of oil as low as $58. It is currently at $63 per barrel.",
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    "createdAt": "2025-05-13T15:00:26.182Z"
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