Archive for January 23rd, 2011

Rig Count Weekly – January 23, 2011

Number of crude oil drilling rigs rose for 9; Number of natural gas drilling rigs fell for 4.

Tanker Weekly – January 23, 2011

Baltic Dirty Tanker Index fell 7.6%; Baltic Clean Tanker Index rose 0.2%.

My comment remains the same: too many available ships for the cargoes offered. From the crude oil demand side it also feels the bullishness from the end of the last year has abated.

 

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