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Crude Shrugs As US Oil Rig Count Declines For 4th Week To 10-Week Lows
Friday, September 25, 2015 11:32
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For the 4th week in a row , US oil rig counts declined (down 4 to 640) leaving the count as 10-week lows. This is the largest 4-week decline since May. Crude prices are undecided on how to react for now with stop runs higher and lower so far…
- *U.S. OIL RIG COUNT DOWN 4 TO 640, BAKER HUGHES SAYS
- *U.S. TOTAL RIG COUNT DOWN 4 TO 838, BAKER HUGHES SAYS
The breakdown is as follows:
- *PERMIAN OIL RIGS DOWN 3 TO 247, BAKER HUGHES SAYS
- *WILLISTON BASIN OIL RIGS DOWN 1 TO 67, BAKER HUGHES SAYS
- *EAGLE FORD OIL RIGS DOWN 3 TO 74, BAKER HUGHES SAYS
Charts: Bloomberg
Source: http://silveristhenew.com/2015/09/25/crude-shrugs-as-us-oil-rig-count-declines-for-4th-week-to-10-week-lows/
