U.S. rig count had no change this week, remains at 663
This week’s Baker Hughes rig count shows that Unites States numbers fell by two, bringing the total down to 967.
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This week’s Baker Hughes rig count shows that Unites States numbers fell by two, bringing the total down to 967.
WTI crude oil prices have surrendered recent gains, falling more than 25% from last week's high. Lockdowns in China have tempered demand expectations as the US slowly ramps up production.
The U.S. oil rig count jumped this week as crude prices continue to hold around $110 per barrel
This week’s Baker Hughes rig count shows that Unites States numbers fell by two, bringing the total down to 967.
The U.S. oil rig count fell slightly this week despite the increasing number of calls for more U.S. crude production