HAPPY RIG COUNT DAY, OIL TRADERS!!

Rig Count Expectations   1 member has voted

  1. 1. Will Baker Hughes report that the US has added oil and gas rigs for a sixth week in a row?

    • Yes, US Shale drillers are on a tear, and they won't stop now.
      1
    • No, US shale drillers feel bad for OPEC
      0
    • What's a rig count?
      0

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yep, that's right, folks. It's RIG COUNT DAY--only the single biggest, bestest day of the whole darn oil trading week. Some might say EIA day. Nope. API day? Ut-uh. It's RIG COUNT DAY (must be in all caps to compete with EIA and API initialisms)--named the most bestest day by yours truly, not least because it's Friday. And Friday's rock.

Active oil and gas rigs in the US have been up in number for five weeks straight. Do we have what it takes to make it six? 

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put me down for 6 rigs, and a failure to rebalance the market by June so Russia can use its exit strategy...

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I wasn't paying attention to how late I put the poll up... too close to rig count. Next Friday I'll be earlier! 

 

 

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