Oil Rebounds As U.S. Drillers Continue To Pull Back
The U.S. rig count fell again this week after recording double digit losses in the last two weeks
Source: oilprice.com
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U.S. Shale Production Is Set For A Rapid Decline
With both the rig count and DUC count in decline, signs of slowing shale oil production are emerging just as analysts are warning of a global oil supply deficit
Source: oilprice.com
U.S. Drilling Rigs Swing To Annual Loss For First Time In Years
The total rig count fell to 720 this week—8 rigs below this time last year, due to a double-digit decline in oil rigs
Source: oilprice.com
Oil, Gas Drilling Activity In U.S. Sees Largest Single-Week Drop Since Mid-2020
The total number of total active drilling rigs in the United States fell significantly this week, recording the largest single week drop since June 2020
Source: oilprice.com
Oil And Gas Drilling Activity In The U.S. Slows
The total number of active drilling rigs in the United States fell by 7 this week, the largest decrease since February.
Source: oilprice.com