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Baker Hughes US oil rig count 516 vs 497 prior

Started by forex4you, Feb 12, 2022, 04:20 am

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Feb 12, 2022, 04:20 am
Baker Hughes US oil rig count 516 vs 497 prior

There was a big jump in US oil drilling rigs today as US shale drillers respond to higher prices. That kind of move will give OPEC pause in regards to adding more oil.Gas rigs were up 2 to 118.There was a huge inventory of drilled but uncompleted wells in the US that has been drawn down in the past

Source: Baker Hughes US oil rig count 516 vs 497 prior

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