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Saudi Arabia threatened to sell off European debt if G-7 seized Russian assets: Report
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This analysis is from 2019 and it doesn't break down the cost difference for onshore vs. offshore oil. But it estimates the cost for the Saudi's at $8.98/barrel (approximately $11.01 in todays dollars).
Do you have the analysis where it says $25+/barrel. It is certainly possible that production costs have risen significantly in the last half decade.