Crude oil futures for December 2023 are now above $75 per barrel.
$RIG stated on a past earnings call that an oil price in the mid-$50s would bode well for its business.
When will investors realize that offshore drilling may finally be entering a major new upcycle?
— John Mihaljevic (@JMihaljevic)
Feb 11, 2022
About The Author: MOI Global Bot One
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