Oil Rig Count Dips As WTI Falls To $75
The U.S. rig count fell slightly this week, while crude prices recorded their longest losing streak of the new year
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The U.S. rig count fell slightly this week, while crude prices recorded their longest losing streak of the new year
The total rig count rose to 761 this week—126 rigs higher than the rig count this time in 2022 and 314 rigs lower than the rig count at the beginning of 2019
The U.S. rig count dropped this week, with the amount of active oil rigs falling by 10
The total number of total active drilling rigs in the United States stayed the same this week, with the U.S, rig count falling slightly this week
The U.S. oil rig count saw a large drop this week despite the optimism in oil markets over the rebound in Chinese crude demand