Episode 14 - Overreaction to the rig count | India buys stake in Abu Dhabi offshore concession | Kirkuk’s Oil Chessboard
RYAN DOESN’T LIKE RAJON RONDO! WHAT IS THIS?! but he is up for a PEXY Award! http://www.pipelineenergyexpo.com/conference/awards.html (‘One to Watch’ in the Pipeline Industry Award)Rigcount- major reaction to narrative of rising rigcounts- everyone knew rigcount would go up, why such a major reaction?- Traders love volatility- Reporters sometime have agendas – want to move markets- Organizations have strategiv interest to move markets, sell products and that influences coverage- Drillinginfo rigcount 5 days a week vs. Baker Hughes which comes out 5 days a week.- OPEC reaction: Are they keeping track of rigcount in United States? Does this impact OPEC strategy?India- Indian companies buy $600 million stake in Abu Dhabi offshore oil concession, promotes India’s energy security and indicating that India isn’t really moving to all EV sales.articles here: https://www.forbes.com/sites/ellenrwald/2018/02/12/india-says-yes-to-oil-once-again/#1e90bb6e7cdd and https://www.bloomberg.com/news/articles/2018-02-10/india-is-said-to-win-first-stake-in-abu-dhabi-offshore-oil-blockKirkuk’s Oil ChessboardEssay in Cairo Review - https://www.thecairoreview.com/essays/kirkuks-oil-chessboard/Check out TankerTrackers - http://tankertrackers.com/#/ and on twitter @TankerTrackers
