The point of confusion is that you're looking at what price the country needs oil to remove the countries (sic government) deficit. Saudi arabia has a very low cost of production but when you look at the low taxes and spending by the government they require a much higher revenue to be taxed to maintain the country.
I see so many differing charts but this one looks the most real to me:
http://marketrealist.com/2016/01/crude-oil-prices-fell-17-last-6-trading-sessions/ (thanks whoever posted it earlier)
Especially when you combine with
@mitta post above which showed the amount of shale oil producers failing atm. I cannot see that shale is providing a profit currently.