Fiscal breakeven oil price — IMF

IMF Regional Economic Outlook (via FRED) projects 94.56 for 2024 — a forecast, drawn dashed in the chart’s shaded band, not a reading.

SOURCE STOPPED · LAST 2023

The oil price at which the IMF reckons Iraq’s budget balances. Above the price Iraq actually gets, the state borrows or draws down to pay salaries. The feed’s newest vintage is the IMF’s October 2024 outlook; the two newest years of a vintage are its estimate and projection and are drawn as such.