U.S. Oil Rig Depend Greater, Sees Greatest 2-Week Rise In A 12 months

The brand new rig rely represents the largest two-week rise since this similar time final yr.

Based on the Baker Hughesrig depend, launched today, whereas the U.S. rely was up 9 in complete, with 10 new oil rigs on the scene, Canada made even further features, with 21 new rigs.

Courtesy of Zerohedge
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More specifically, the information shows that the U.S. now has 351 lively crude oil rigs.

In the U.S., gains have been made in TexasPermian basin, with the addition of four new oil rigs, and in Williston, with the addition to 2 new oil rigs. The Permian now has 158 oil rigs in operation, whereas Williston has 28 oil rigs in operation.

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