War & PoliticsSaudi Aramco IPO

 

Press Ctrl+Enter to quickly submit your post
Quick Reply  
 
 
  
 From:  CHYRON (DSMITHHFX)  
 To:  Harry (HARRYN)      
42049.20 In reply to 42049.19 
Saudi Arabia is fucked in all kinds of ways. OTOH, Brent crude just went to $64.
“Developer makes luxury living more affordable”
0/0
 Reply   Quote More 

 From:  Peter (BOUGHTONP)  
 To:  Harry (HARRYN)      
42049.21 In reply to 42049.19 
Doesn't buying shares in Aramco mean you're paying the UK+US arms industry for ISIS's weapons and helping out the criminally abusive SA government.

Why the fuck would anyone want to do that?

+1/1
 Reply   Quote More 

 From:  CHYRON (DSMITHHFX)  
 To:  Peter (BOUGHTONP)     
42049.22 In reply to 42049.21 
“Developer makes luxury living more affordable”
0/0
 Reply   Quote More 

 From:  ANT_THOMAS  
 To:  Harry (HARRYN)      
42049.23 In reply to 42049.19 
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.
0/0
 Reply   Quote More 

 From:  CHYRON (DSMITHHFX)  
 To:  ANT_THOMAS     
42049.24 In reply to 42049.23 
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
“Developer makes luxury living more affordable”
0/0
 Reply   Quote More 

 From:  Peter (BOUGHTONP)  
 To:  CHYRON (DSMITHHFX)     
42049.25 In reply to 42049.22 
Looks like the characters "short-term illusion of" have done a Tory from your image.
0/0
 Reply   Quote More 

Reply to All    
 

1–20  21–25

Rate my interest:

Adjust text size : Smaller 10 Larger

Beehive Forum 1.5.2 |  FAQ |  Docs |  Support |  Donate! ©2002 - 2024 Project Beehive Forum

Forum Stats