Ultimate magazine theme for WordPress.

BTC
$8,093.65
+1.38%
ETH
$257.07
+2.33%
LTC
$103.66
+6.5%
DASH
$158.55
+0.11%
XMR
$87.48
+1.71%
NXT
$0.03
0%
ETC
$7.37
+1.94%
DOGE
$0.00
+1.2%
ZEC
$73.81
-0.39%
BTS
$0.07
0%
DGB
$0.02
+3.41%
XRP
$0.39
+1.4%
BTCD
$20.33
PPC
$0.41
0%
CRAIG
$0.00
XBS
$2.00
XPY
$0.01
0%
PRC
$0.00
0%
YBC
$1,439.57
0%
DANK
$0.00

Oil-Rig Count in US Rises for First Time in Seven Weeks

119

The number of oil rigs operating in the US rose this week, data from Baker Hughes (BGHE) showed, as prices for the key commodity rose on the day.

- Advertisement -

The tally, an indicator of future production levels, rose by 15 to 831 through Friday, data from the Houston-based energy services firm showed, the first increase in seven weeks. The US gas-rig count rose four to 194, bringing the country’s total gain in the week to 1,025 from 1,006 a week earlier.

In the same period last year, the US had 808 oil rigs and 194 gas in operation, the company’s data showed.

West Texas Intermediate, the US benchmark, gained more 1% to $62.77 a barrel while Brent, the international standard, rose nearly 1% to $70.10 at the time of writing.

The total for North America slipped by one rig in the week to 1,093, and down from 1,114 in the same week of 2018. Canada’s oil-rig count fell to 22 in the week compared to 35 previously and 48 from last year. The country’s gas-equipment tally fell by seven in the week to 46, and down 17 from a year ago.

Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!

This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

You will also receive a free, weekly newsletter to stay on top of the latest industry trends, read analysis on promising cannabis stocks, and more. Click here to receive your Free Report immediately!

Among the states, top producer Texas gained eight rigs while West Virginia rose by four. New Mexico rose by three while Alaska and Colorado each gained two. Oklahoma and Pennsylvania each lost one rig.

Comments