Oil and Gas Prices and Rotary Rig Counts through May 2017

Thursday, May 18, 2017 3:55 PM Written by 
Published in Energy

The prices of oil and natural gas drive the consumption of oil country tubular goods (OCTG) and related steel products. The energy markets represent a large portion of the hot rolled coil used to make welded tubular goods as well as equipment used to drill and pump oil and natural gas.


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Peter Wright

Peter Wright is an Independent Contractor for Gerdau, Steel Market Update and the State of Wyoming. He is responsible for Steel Market Update's development and analysis of steel and economic indicators and is an instructor for SMU's Steel 101 Workshop. He has 50+ years of experience in the steel industry in metallurgy, quality engineering, sales and operations. He is nationally recognized as an expert on the long products market. Contact him at Peter.Wright@SteelMarketAnalysis.com.

Website: www.SteelMarketUpdate.com
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