Saudi Aramco IPO

From: CHYRON (DSMITHHFX) 9 Nov 2017 00:05
To: Peter (BOUGHTONP) 22 of 25
From: ANT_THOMAS 9 Nov 2017 03:03
To: Harry (HARRYN) 23 of 25
Many major governments are operating a budget deficit.

They've been running a very large surplus for many years which I believe now means cash in the bank. Obviously it relies heavily on the price of oil being above the breakeven point. Which seems to be around $74 for them.

Not just SA in the middle of many wars, but it does seem very involved in a lot of conflict at the moment.
From: CHYRON (DSMITHHFX) 9 Nov 2017 14:09
To: ANT_THOMAS 24 of 25
Depends on what you mean by "break even", their production costs are ~$10 a barrel presumably the rest is to underwrite the princely lifestyle

http://money.cnn.com/2015/11/24/news/oil-prices-production-costs/index.html
From: Peter (BOUGHTONP) 9 Nov 2017 21:32
To: CHYRON (DSMITHHFX) 25 of 25
Looks like the characters "short-term illusion of" have done a Tory from your image.
EDITED: 9 Nov 2017 21:32 by BOUGHTONP