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Baker Hughes US oil rig count +2

Baker Hughes US oil rig count +2
  • Oil +2 to 622
  • Natural gas +1 to 155

Last week was the largest drop since September but rigs have bounced back.

Oil rigs have shown little growth since August and that's with drilled but uncompleted wells tapped out. With $77 oil, it's tough to see any growth in US production next year.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Dec 22 2022, 18:16
Author Name: forexlive
Views: 102392

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