Baker Hughes US weekly oil rig count 237 vs 244 prior

Baker Hughes weekly rig count
Drilling rigs continue to fall. WTI is down 98-cents to $32.94 today but prices are still up dramatically in a month. The speed with which supply has matched the drop in demand is unbelievable to me.
See here for global coronavirus case data

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *