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Paul Sankey: Oil Would Be Below $60 If It Weren’t For Saudi Production Cuts
Forward Guidance
Introduction
Exploring the current stability in the oil market with Brent price at $80 per barrel, emphasizing how Saudi Arabia's production cuts of one million barrels daily are crucial. Discussion also delves into the implications for the natural gas sector, record shareholder returns by major oil companies, and a positive outlook for midstream firms.
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