Part 4/8:
In the United States, where companies must report to investors, a clear financial dilemma emerges. The West Texas Intermediate (WTI) benchmark indicates that production costs for existing oil wells fluctuate between approximately $31 to $45 per barrel. However, the pressing concern arises with new drilling. Investors insist on a price point exceeding $70 per barrel to yield a return. Recent trends indicate that prices linger around the threshold of $70, creating uncertainty.