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I recall him saying that $70.00 a barrel was the Saudi's "break-even point" for their oil production to support their economy.
Source: https://seekingalpha.com/article/4637622-can-q4-redeem-2023-key-arguments?source=feed_all_articles
Saudi's foreign minister Prince Faisal bin Farhan Al Saud earlier this month said engagement with Assad could lead to Syria's return to the Arab League, but it was currently too early to discuss such a step.