Archive for February 19th, 2011

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%.

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.


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