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Textiles July 2019

The U.S. economy experienced a boost in the first quarter of 2019 versus the prior quarter, with gross domestic product (“GDP”) increasing at an annual rate of 3.1%, despite economists predicting a slow year overall.

Tom McNulty in Rigzone: Oil Prices Muted Despite Iran Nuclear Report

“Oil prices just do not seem to jump up that much when there is news of an issue with Iran,” Tom McNulty, Houston-based managing director with Great American Group, told Rigzone mid-afternoon Monday.

Tom McNulty in Rigzone: Light Crude Trades Above $60

From his vantage point, McNulty said that his clients are taking a precautionary stance anticipating downward price movements.

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