Dmitry Orlov says that Rosneft produces oil for $2.6/bbl, and has a 1.8 reserves replacement rate, Archived Message Posted by Rhisiart Gwilym on March 9, 2020, 2:54 pm, in reply to "Re: Oil price crashes 30% as markets open." which suggests they'll be comfortable with any price above about $10/bbl. Message Thread: "Look! Up in the sky! It's a bird! It's a Black Swan!" - Tomski March 8, 2020, 10:04 pm Wish I understood what Tom's on about; especially that weird cartoon at the end. NOM - Rhisiart Gwilym March 8, 2020, 11:33 pm I am shocked, shocked ... - Tomski March 9, 2020, 12:07 am Ah, Capitaine Renault, I presume?....nm - Keith-264 March 9, 2020, 9:28 am There was a Casablanca in my soup : ) - Tomski March 9, 2020, 10:31 am Oil price crashes 30% as markets open. - Ken Waldron March 9, 2020, 2:33 am Re: Oil price crashes 30% as markets open. - Tomski March 9, 2020, 1:13 pm Dmitry Orlov says that Rosneft produces oil for $2.6/bbl, and has a 1.8 reserves replacement rate, - Rhisiart Gwilym March 9, 2020, 2:54 pm Confirmed by RT ... - Tomski March 9, 2020, 3:06 pm   Searching