They provide good insight from E&P and service  sectors.
It doesn't realize that lower oil prices and interest rates are good.
Not even the majors are immune, but don't count on a price rebound.
China has a huge appetite for the vessels.
I don't think the lows will hold.
Falling oil prices make cut a consideration.
Liquidity shows company isn't a terminal case.
These are the make-or-break levels for this once-thriving industry.
And it's not the commodity prices themselves that drive my belief.
I am willing to start nibbling on the buy side.

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