MRM mma offshore limited
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Would be interesting to see if Saudi reversed their stance on...

  1. Darreningym
    79 Posts.
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    24/11/15
    10:41
    Post #: 16462499
    Would be interesting to see if Saudi reversed their stance on defending market share. Threw a few numbers together. And essentially if they dropped production by 1mil/day they would be better off when Brent hit $49.06 which is not a hard ask really. So the notion they have to keep pumping to prevent a budget blowout is rubbish.

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    MRM Price at posting: 22.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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