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Baker Hughes US oil rig count -4

Started by forex4you, Jun 16, 2024, 07:03 am

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Baker Hughes US oil rig count -4

  • Oil -4 to 488
  • Natural gas unchanged at 98

Oil drilling rigs have steadily declined in the past year, though that's offset somewhat by longer laterals. It bodes poorly for US production growth late this year and into 2025.



                This article was written by Adam Button at www.forexlive.com.

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