Chart Of The Day: Cost of Producing a Barrel of Oil, by Country @WSJ

Chart Of The Day: Cost of Producing a Barrel of Oil, by Country @WSJ

The following chart is courtesy of WSJ News Graphics: The chart illustrates how much it costs each country to produce a barrel of oil and gas. This is helpful as we head into OPEC’s meeting on Sunday to see who can and who can not afford to “freeze” production with oil trading near $40/barrel.