MRM 0.00% 33.0¢ mma offshore limited

Good Morning Mermaids , CNBC this morning . Nigerian oil...

  1. 443 Posts.
    Good Morning Mermaids , CNBC this morning . Nigerian oil production drops below 1.7 mb.pd. the first time in 20 years . So more oil off the market . Still the Saudi's are going hard , pumping up to their limit . This is a double edge sword for MRM as a good deal of their business is done in Saudi Arabia , and contracts and day rates are still at good levels . Still far more oil coming off the market than is going on .....Cheers
 
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