Number of Oil Rigs in the US Dropped
Number of oil rigs in the US has dropped. The number of oil rigs in the country decreased by 2 this week.
The number of oil
rigs, which is considered as an indicator for the outlook of the oil industry and short-term crude oil production in the USA, decreased by 2 this week.
According to the weekly data released by the oil field services company Baker Hughes, the number of oil rigs in the US decreased by 2 compared to the previous week and decreased to 385 in the week of July 24-30.
The number of oil rigs in the country has increased by 205 in the last 1 year.
The barrel price of
Brent oil, which closed Thursday at $ 76.5, closed Friday at $ 76.33.
The barrel price of West Texas (WTI) crude oil closed on Friday at $73.95. WTI-type crude oil closed at $73.62 on Thursday.