[ad_1] Permian rigs -6 to 308 Gas rigs 502 vs 507 Data today from the EIA showed US production up 90k bpd in July from June, which came as something as a surprised and helped to soften oil prices. Eventually though, falling rigs will bite. This article was written by Adam Button at www.forexlive.com. [ad_2]
[ad_1] Total rigs 630 versus 641 last week. Down -11 on the week Oil rigs versus 507 vs 515 last week. Down -8 on the week. Gas rigs versus 118 vs 121 last week. Down -3 on the week. Crude oil was trading at $89.95. It has seen a move up to $90.23 currently. This
[ad_1] Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making
[ad_1] Baker Hughes US oil rig count There’s about a 12 month lag from US drilling to production. I suspect we’ve bottomed here but it’s tough to say how quickly it will rebound. Yes, oil is at $90 but OPEC+ has 4 million barrels per day in spare production and oil company shareholders are trying
[ad_1] Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making
[ad_1] Gas rigs +1 It’s tough to see how US oil production is higher at the end of next year if this doesn’t turn around quickly. There is plenty of talk about discipline among US oil producers but $87 oil has a way of eroding that. This article was written by Adam Button at www.forexlive.com.
[ad_1] US oil and natural gas drilling rigs Oil rigs unchanged at 512 Gas rigs down 1 to 114 Oil rigs down 16% from the peak If I’m OPEC+ and looking at this, I feel totally in control. There’s no surge of US production coming to counter OPEC cuts. Some notes from John Kemp: Based
[ad_1] United States Baker Hughes US Oil Rig Count remains unchanged at 512 [ad_2] لینک منبع : هوشمند نیوز
[ad_1] Oil rigs moved from 520 to 512 or -8 rigs Natural gas rigs moved from 117 to 115 or -2 rigs Total rigs moved from 642 to 632 or -10 rigs The trend in rigs continue to the downside. From a year ago, the total rigs are down -133 rigs or -17.4%. The price
[ad_1] Oil rigs 520 vs 525 prior Gas rigs 117 vs 123 prior The market is betting on OPEC+ supply next year filling the shortfall of production because it doesn’t look like it will be coming from the US. WTI crude is up $1 to $81.39 on talk of a big inventory draw next week
