Source:Market Watch - SAN FRANCISCO (MarketWatch) — Oil futures edged higher on Monday in New York to finish at a six-week high, while Brent crude prices rallied above $109 a barrel as growing tensions between Russia and the West over Ukraine fed concerns over global oil supplies. Crude oil
3.03 PM Apr 15th
Go And Check Baltic Regularly .. When Re-bound Happen In Baltic .. u will see bounce Back In aban as well.. :) Just check It... Else aban Will Slid Like Timber.. Go and check crude Price .. Crude price Making High where as aban on Losing side.. What excuse Now .. :)
10.03 AM Apr 15th
Can u Explain How aban Fix The Margin For Drilling?? Its All Depend On Baltic Dry index .. Aban Margin Will High When Crude price And Baltic are on high .. On That Time u see Expection result From the side of aban.. When Baltic are Down Even Crude price Making High U will see Aban On Decline Mode
4.21 PM Apr 14th
On Baltic Dry index Cause commodities Included Crude Price Margin also involved In Commodities.. aban 15 rig are Used In Sea .. Where as Rest of RIg Are Used out side Sea.. so Aban almost 75% Margin Will Related to Baltic dry Index That the reason For Dependency Of aban On Baltic Dry index.. If U think so I
4.15 PM Apr 14th
Proved reserves, or resources that can be recovered under existing economic and operating conditions, grew as a combination of horizontal drilling and hydraulic fracturing, or fracking, unlocked tight oil and as crude prices that averaged more than $90 a barrel made drilling profitable.
8.27 PM Apr 13th
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