Transocean LTD (NYSE:RIG) Goes Deep With Shallow-Rig Fleet Sale

Many analysts in the oil industry can’t believe nor explain the inevitable rebalancing of the global oil market. According to many, the price curve of the oil market will remain flat up to next year or even the year to follow. Even the IEA and OPEC are conservatively projecting $60 by the end of 2017. […]

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