Oil prices

[Commando]

Agreed, just how deep the pockets are with them folks is anyone's guess:confused1:. I was told by a reliable source that the government was actually floating bonds for the first time in the countries history to off set the reduction in oil revenues. 2016 will prove to be another one of those years for the history books with lots of asterisks for many dates!

 

easy-lift guy

 

 

Yes selling shares in Aramco, the national oil company. I think those pockets are pretty deep! Have a look at this article-

 

http://time.com/4188317/saudi-arabia-will-be-the-big-loser-from-the-plunge-in-oil-prices/

 

It's hitting home, Schlumberger, the big cheese in Oil & Gas services has just announced 10k redundancies!