$44.91 | 6/19/2017 | 06/19/2016 | 06/19/2015 | 06/19/2014 | 06/19/2013 |
---|---|---|---|---|---|
Active Rigs | 56 | 28 | 77 | 189 | 186 |
RBN Energy: RBN's video replay of its spring, 2017, school of energy is available.
Re-balance: Saudis "talking their book." My thoughts. But hey, the Saudis are a whole smarter than the rest of us. The Saudis have historically budgeted for $100-oil; they have re-budgeted for $80-oil; they might settle for $60 in the near term; they'll be lucky to get $50 by the end of the year without any major geopolitical event.
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