THE OCTG MARKET

摘要

Drilling continues to improve week overweek although, up until this week, the averageincreases had slowed. Permits have increasedof late however, so we may be in for anothersurge of activity. Oil prices have been hoveringat right around $50/bbl with ups and downsdriven by the news cycle. Based on our lessthan completely thorough analysis, a significantamount of 2018 production is protected byhedges.