Post Tagged with: "$80 Oil"

Saudi Arabia Sees Oil at $80 in 2019 Budget

Saudi Arabia Sees Oil at $80 in 2019 Budget

Bloomberg chief ME economist says Saudi needs $95 to balance its budget

From Bloomberg

Saudi Arabia’s government expects to earn more from oil next year, an optimism that defies most price forecasts for crude and contrasts with the kingdom’s history …

December 19, 2018 - 9:53 am Closing Bell Story‎, Commodity Pricing, Energy News
The Oil & Services Conference™ Presenters Talk 2016 Strategy and Beyond

The Oil & Services Conference™ Presenters Talk 2016 Strategy and Beyond

$80 Oil + $4 NatGas + 1,300 Rigs Working

After the news of the past few weeks, it felt like we were getting really close to the day when investors and oil industry spouses might be ready to throw in …