ECRI Weekly Leading Index Up 4.9%
ECRI Weekly Leading Index for week ending February 11, 2011 was reported up 4.9% y-o-y. Prior reading was at 4.6%.
Archive for February 19th, 2011
Rig Count Weekly – February 19, 2011
Number of crude oil drilling rigs fell for 7; Number of natural gas drilling rigs fell for 1.
Tanker Weekly – February 19, 2011
Baltic Dirty Tanker Index rose 10.5%; Baltic Clean Tanker Index was up 3.6%.
The demand is somewhat stronger, but my guess is that supply will emerge and rates will remain range bound.