Petronas offering 600,000 barrels of crude

Publish date: Tue, 18 Sep 2012, 01:14 PM
Petroliam Nasional Bhd, Malaysia's state oil company, is offering to sell 600,000 barrels of Kikeh crude for loading in mid-November, said two people who participate in the market, asking not to be identified because they aren't authorized to speak to the media. - Bloomberg
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King Kong73

Assuming they get US$90 per barrel = US$54million

2012-09-18 17:39

King Kong73

cost of production US$35 per barrel = US$21 million. Profit > 100%

2012-09-18 17:40

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