they should give us things are going and also market reaction to their numbers will be indicative as what to expect for nbr.
Hmm you dont think good numbers are already expected ?NE is down over 1.5% -- and I think good earnings are a given.Maybe if they smash earnings these things might get a bid... for a day...Huge oil inventory number today. Huge.
huge number. i agree but utilization is down we should not see neg numbers in gasoline and distill till mid november. at least that is when yearly inventories peak.
Oil inventories are very high, but haven't they been that way for over a year??If the market is really worried about oil inventories, then why the relative strength in the XLE, and why is SLB still up 25% YTD???I think CL is headed back higher