Oil Prices Ease As U.S. Rig Count Jumps
The U.S. oil rig count jumped this week as crude prices continue to hold around $110 per barrel
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The U.S. oil rig count jumped this week as crude prices continue to hold around $110 per barrel
The U.S. oil rig count fell slightly this week despite the increasing number of calls for more U.S. crude production
The number of active drilling rigs in the United States rose by 5 this week—the 18th straight weekly increase to the number of oil and gas rigs in the United States
While normally $90 oil would have sent U.S. shale drillers into a frenzy, a combination of factors have combined to make them more restrained
Crude oil production is set for another increase next month, with the DUC count continuing its downward trend