Markets are in a state of upheaval this week with energies including U.S. crude oil reaching yearly highs, while recent FinTwit trending topics Bitcoin (BTC) and AMC are causing a stir.
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U.S. Rig Count Steady After Small Adjustments in Haynesville, Permian
The U.S. rig count held essentially flat for the week ended Friday (June 4), dropping one unit overall to fall to 456, including a small net decline in the Permian Basin and a small uptick in the Haynesville Shale, according to data from Baker Hughes Co. (BKR).
Oil-directed drilling went unchanged week/week in the United States, while the total number of natural gas-directed rigs dropped by one to 97. The combined 456 active U.S. rigs as of Friday compares with 284 rigs running in the year-ago period, according to the BKR figures, which are based in part on data from Enverus.
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