China, India & Contractors.19 Oct 2015 13:01
With real growth (estimated) to be around 4-41/2 % for China, rather than the official figure of 6.9% and India starting to look up again, a positive impact on crude prices should start to be felt 'sooner rather than later' .....add in the need for several producing countries to get there budgets on track will add to an upward pressure on prices. Last but not least OPEX is being reduced significantly due to the continuing drop in Contractor......all making the divi secure and a good bet the price will rise.....