Transocean Ltd. (RIG): Saudis are hedging the U.S. Producers in...

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Miracleman 1

Re: None

Thursday, 01/22/2015 7:34:07 AM

Thursday, January 22, 2015 7:34:07 AM

Saudis are hedging the U.S. Producers in this glut market period of production. Refusing to scale back oil production will create many M&A to occur by June 2015. Will be Q3 2015 when prices start making a significant turnaround, imo

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