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The Number That Runs the World

00:00 — Introduction 00:02 — The Number That Runs the World 00:08 — Wrap Up Sources: - Bloomberg Economics via World Oil - Saudi Fiscal Breakeven at $94/bbl ($111 with PIF): https://www.worldoil.com/news/2025/10/21/saudi-fiscal-outlook-hinges-on-oil-price-recovery-production-growth-imf-says/ - BNP Paribas Economic Research - Gulf States and Falling Oil Prices (June 2025): https://economic-research.bnpparibas.com/pdf/en-US/Gulf-States-falling-prices-should-pose-threat-economic-diversification-6/4/2025,51600 - bne IntelliNews - Russia's Budget Oil Breakeven Price (2024)…

The skinny

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