Increase in the Number of Oil Rigs in the USA

There has been an increase in the number of oil rigs in the USA. The number of oil drilling rigs in the country increased by 12 this week. The number of oil rigs, which are considered as indicators of the US oil industry outlook and short-term crude oil production, increased by 12 this week. According to the weekly data released by oilfield services company Baker Hughes, the number of oil rigs in the US increased by 12 in the week of January 9-15 compared to the previous week, and reached 287. The barrel price of Brent oil, which closed at $ 54.42 on Thursday, completed at $ 55.10 on Friday. The barrel price of West Texas (WTI) type crude oil ended Friday at $ 52.36. WTI type crude oil had completed Thursday at the level of $ 53.57. With the stimulus package of 1.9 trillion dollars announced in the USA recently, expectations that expenditures will increase and fuel demand will increase; This situation had an effect on the rise in oil prices.         You may be interested in: Oil Prices Traded From 10-Month High