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Author brummell     View Profile     Add to favourites     Ignore
Date posted 2018-02-19 11:33
Subject Re: Rig count   View parent message
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The Saudis look to be chasing a higher oil price pre the Aramco float. If the market predictions pan out it may not persuade the potential Aramco investors to pay a higher price in view of the longer term predictions here:

But it would certainly lead to higher oil prices and a boost for the rest of the industry in the short to medium term.
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