Oil and gas active drill count from Baker Hughes
- Baker Hughes oil & gas rig count 857 vs 863 prior
- Oil rigs -7
- Natural gas rigs +1
Oil rigs fall again after two weeks of gains. It implies less production, which is bullish for prices.
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Baker Hughes US oil rig count 638 vs 645 prior
Baker Hughes US oil rig count 638 vs 645 prior
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