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26 Jan
20:36

US OCTG prices prepare for upward move

US oil country tubular goods are poised for another upward push, Kallanish hears from market sources. About a dozen key domestic products are seeing prices around $1,400-1,450/short ton, but the laggards are keeping average prices right at the $1,350-1,400/st mark. Kallanish’s representative P110 domestic welded casing price remains at that level. Meanwhile, both the US and Canadian rig counts appear to be climbing. The US rig count is well above its ye…
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