QUOTE(danmooncake @ Aug 6 2015, 09:56 PM)
Also, if Oil goes to $40... it will be very interesting.
Many oil companies can shut down (if their cost is more than $40).
Eventho, tapis quality can sell higher (around the brent price) but, I think Malaysia will suffer most pain, I read somewhere offshore rig Malaysia cost is around $45-$50 for producing them.
Tapis should be about $10-12 above Brent.Many oil companies can shut down (if their cost is more than $40).
Eventho, tapis quality can sell higher (around the brent price) but, I think Malaysia will suffer most pain, I read somewhere offshore rig Malaysia cost is around $45-$50 for producing them.
Aug 7 2015, 09:31 PM

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