RigData Insights

American Shale Companies' Rush to Hedge Is Turning the Oil Market Upside Down

  • Monday, December 5, 2016
  • Posted By Unknown
U.S. shale oil companies are using the post-OPEC rally to hedge their oil price risk for next year and 2018 above $50 a barrel, bankers, merchants and... Read More

Rig Count and Permits are on the Rise

  • Monday, December 5, 2016
  • Posted By Unknown
According to the RigData Locations & Operators Report, the U.S rig count increased to 704 rigs (+7).

Big Rig Demand

  • Friday, December 2, 2016
  • Posted By Unknown
The US available rig ratio crept downward a bit more in November, another indicator of the gradually improving demand for rigs, with the ratio hoverin... Read More

Oil demand and electric cars: A disjointed dilemma

  • Thursday, December 1, 2016
  • Posted By Unknown
With the automotive industry tipped as ripe for disruption and a growing imperative to rein in climate change, the recent rise of electric cars has sp... Read More

OPEC’s Last Cut Shows Oil Market Could Get a Whole Lot Messier

  • Monday, November 28, 2016
  • Posted By Unknown
Anyone planning to trade the outcome of this week’s OPEC meeting might consider the lessons of the group’s last production cut.

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