Baker Hughes weekly oil rig count
Prior was 859
Gas rigs 186 vs 183 prior
Total rigs 1057 vs 1044 prior
That's a fresh high in oil rigs since 2015 but drillers are much more efficient now. Not a great sign for oil but it's all about Iran right now.
Prior was 859
Gas rigs 186 vs 183 prior
Total rigs 1057 vs 1044 prior
That's a fresh high in oil rigs since 2015 but drillers are much more efficient now. Not a great sign for oil but it's all about Iran right now.
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