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U.S. rig count increased by 8 this week, at 448 This week’s Baker Hughes rig count shows that U.S. had an increase of  8 over last week, resulting in a total count of 448 rigs. Canada had an increase of 4 over last week, resulting in a total Canadian count of 55 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Haynesville, the Marcellus and the Permian region experienced an increase this week. Meanwhile, 1 region experienced a decrease this week: The Eagle Ford region is at 33, down by 1 from last week.  

U.S. rig count increased by 2 this week, at 440 This week’s Baker Hughes rig count shows that U.S. had an increase of  2 over last week, resulting in a total count of 440 rigs. Canada had a decrease of 4 over last week, resulting in a total Canadian count of 51 rigs.

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The natural gas storage report from the EIA for the week ending April 2nd indicated that the amount of natural gas held in underground storage in the US rose by 20 billion cubic feet to 1,784 billion cubic feet by the end of the week, which left our gas supplies 235 billion cubic feet, or 11.6% below the 2,019 billion cubic feet that were in storage on April 2nd of last year, and 36 billion cubic feet, or 1.3% below the five-year average of 1,808 billion cubic feet of natural gas that have been in storage as of the 2nd of April in recent years....the 20 billion cubic feet that were added to U...

Apr 9, 2021 13:51 GMTFXStreet News Crude oil prices continue to fluctuate in a tight range. WTI stays below $60 as focus shifts to Baker Huges Oil Rig Count data. Renewed coronavirus restriction measures continue to cloud the energy demand outlook. After suffering heavy losses at the start of the week, crude oil prices struggled to stage a convincing rebound and seem to have gone into a consolidation phase. Focus shifts to US Oil Rig Count The barrel of West Texas Intermediate (WTI), which lost more than 4% on Monday, closed the previous two trading day virtually unchanged and continues to mo...