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RE: Has Saudi Arabia solved the oil glut and has oil bottomed?

in #financial9 years ago (edited)

Totally, everything depends on what price and availability. As price goes up for sure availability goes up. Though global demand keeps going up. I believe in a few years we will most likely be at much higher levels. The energy service companies are where the big money will be. ORIG, Transocean, Halliburton.