MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-234

  1. 896 Posts.
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    Hi Suzan.

    I think we have a good forum here on MRM where we can debate perspectives.

    I am in total agreement that oil price is likely to near term increase. That will I think benefit oil companies.

    Oil services companies sit on a lag. Their employers need to make money before they do.

    Before decent ish contracts come to MRM (it's been about 6 months since the last decentish one), I think we need IMO to brace for bad news re lower day rates, utilisations, and associated boat lay ups.
 
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