May 28 The U.S. Congress could lift the 40-year old ban on domestic crude oil exports within a year as a drop in gasoline prices and the potential return of Iranian oil to global markets makes it an easier measure for politicians to support, Bank of America Merrill Lynch analysts said on Thursday.
PP Arnold on the soundtrack of "Seven Psychopaths". Brilliant!
Oh yes, Gulf. Er...well, try finding onshore supergiants with relatively low development and lifting costs. It's all down to "the barrels" in my opinion. Obviously, Gulf have got to be paid, but that's binary. If Gulf are paid it doesn't affect the asset value, and if they're never paid the assets are self-evidently worthless. I personally rule out the latter.
My view is strong buy at these levels and anything remotely close but my new iPhone doesn't allow me to select anything from the Opinion drop down menu. Please disregard this statement when the market price hits 10 quid per share, when my view switches to hold.
may be as its assets in Iraq, we could send them some chic digestive biscuits and hobnobs so they can stop arguing over what biscuits to have and get on with arguing over the budget to get it finalised and agreed through to fulfilment. They can use babylonian maths or any maths to work it out - just do it.
Whats your take on this latest on them sending full budget and "compensation budget" for previous month? Could this be the light at the end of the tunnel and the start of the good times?
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