UK,Brazil,Nigeria tops in Oil Production

Oil
Stephen Adeniran
The United Kingdom, Brazil and Nigeria have risen as nations with the highest cost of producing oil in the world. Specifically, it cost $44.33, $34.99 and $28.99 to produce a barrel of crude oil the United Kingdom, Brazil and Nigeria respectively.

Similarly, Saudi Arabia has the least cost of production, with $8.98 followed by Iran and Iraq, which had $9.08 and $10.57 respectively.

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