Sentences with phrase «after rig counts»
«Production proved even more resilient than the rig count: it took 35 weeks after the rig count started to decline before production began its own decline,» said Societe Generale commodity strategists in a recent note.
http://www.businessinsider.com/ Not exact matches
After the rig - count data release, crude oil prices remained weak alongside stocks and bonds.
Tariff fears and then talks of global growth fears after a sub-par jobs report, not to mention a rising rig count, sent oil lower.
The opportunity arose, I argued, because it seemed to me that the oil environment was finally, in fact, ready to improve — oil stockpiles were finally dropping below 5 - year averages and declining steadily, and rig counts were due to decline as well, after so many months of sub-profitable oil prices.
That said, if there was a silver lining, it was that the year - over-year sales decline after stripping out the positive impact from acquisitions was 45 %, which actually outperformed the 60 % decline in the U.S. rig count over the past year.
Prices failed to take out $ 50 a barrel after U.S. rig counts resumed their downward trend.
Thankfully, the global active rig count seems to be nearing its nadir after falling for 22 straight weeks.
That action for foreign currency rigging came less than two years after the bank was charged with two felony counts and given a deferred prosecution agreement for aiding and abetting Bernie Madoff in the largest Ponzi fraud in history.
After going through the ritualistic Monday morning downside test on the back of rising oil drilling rig counts, WTI rallied around $ 2 towards $ 69.35 in NY, as traders remain singularly focused on the Iran nuclear deal.
Crude oil prices are pulling back after a rise in the rig count even though it's making up for lost time after the big freeze down south.
The oil rig count, as reported by Baker Hughes, has advanced for the third consecutive week, after 29 straight weeks of declines.
Being an oil rig worker I have had a few periods off with a lot of time on my hands and joined many different dating sites and found many commonalities after more dates than could be counted