Rigged market

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Related to rigs: Oil rigs, drilling rigs

Rigged market

Manipulation of prices in a market to attract buyers and sellers.

Rigged Market

An illegal act or practice in which a person or company causes a price to be more favorable to an investor than market forces really justify. Rigged markets exist in order to attract investors to a company or project, but it is often not sustainable and in any case dupes the investor. There are a variety of ways to create a rigged market. See also: Price Manipulation.
References in periodicals archive ?
Ensign's ADR 1500S drilling rigs are planned and built in the Company's global rig manufacturing facilities situated in Houston, Texas and Nisku, Alberta.
Analysis of the opportunities and challenges in the global offshore rig construction industry
Surveys of several oil rigs from central California to Long Beach in 1995-2001 found that rigs that were converted to reefs provided habitat for rockfish that was equal to or better than natural reefs and acted as nursery grounds for some fish that would otherwise not survive, including bocaccio.
For the three days leading up to the accident, rig managers had issued repeated internal bulletins saying a malfunctioning part needed to be replaced to alleviate a gas-pressure problem.
When an oil company is ready to get rid of a rig, it and the state get together to plan and get permits.
An analysis of the competitive scenario, comprehensive data on newbuilds and current rig fleet scenarios of major offshore drilling contractors globally are also provided for each of the market segments.
Overview: Key Elements of a Land Rig -- Supply Chain & Sales Process -- Key Components: Manufacturers -- Rig Equipment: OEM Manufacturer Ranking -- Global Top Drive Markets -- Rig Equipment Trends: Top Drive Systems & Rotary Steerable Systems -- Rig Equipment Trends: Automation & AC Power -- Rig Equipment Trends: Pad Drilling & Walking Rigs -- Land Rig Construction Forecast
Love said he hopes to add more rigs to the list, although some oil companies have been wary about allowing researchers to explore under their platforms.
Egypt Drilling & Rig Activity Report 2005-2009 will provide you with a single comprehensive reference linking the past to the current.
Increase future revenues and profitability with the help of insight into the expected demand-supply - scenario for offshore rigs worldwide.
7 /PRNewswire-FirstCall/ -- Parker Drilling Company , announced today the award of new contracts for three land rigs to subsidiaries operating in Mexico and Kazakhstan.