Bulletin Updates

Higher oil prices: Trillion dollars of cash to be generated – 11 Oct 2021

Oct 11, 2021

42 of the world's largest oil companies will generate a trillion dollars of cash if prices keep tracking above a US$50/bbl

At 80 dollars the intake will be even more

Some of it will eventually get into spending in oil & gas

And this is good news going ahead for vendors in the business

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