The
markets reacted apathetically to Baker Hughes US Crude Oil Drilling Rig
Count., UP 5 to 820 Rigs, Most Since March 2015 suggesting that the primary focus is falling on Iran sanctions while declining production is overshadowing the Rig count in Venezuela and An
Count., UP 5 to 820 Rigs, Most Since March 2015 suggesting that the primary focus is falling on Iran sanctions while
declining production is overshadowing the Rig
count in Venezuela and An
count in Venezuela and Angola.
While commercial
market fundamentals appear strong, NAR Chief Economist Lawrence Yun did caution that one key performance indicator was likely to
decline in the coming year: transaction
count.