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Continued low oil prices is bad news or Russia and Saudi Arabia. Which if I recall correctly need oil to be around $100 to break even on their spending. Russia's cash reserves should be emptied before the end of 2017. I'm unsure that state of Saudi Arabia's cash reserves.
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# ¿ Mar 13, 2017 04:25 |
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# ¿ May 21, 2024 18:01 |