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Number of Oil Rigs in the USA Decreased

The number of oil rigs in the USA, which is an indicator of the oil industry's outlook and short-term production, decreased by one this week.

Yazar: Eylem Özer

Yayınlanma: 13 Mart 2021 21:41

Güncellenme: 5 Kasım 2024 08:26

Number of Oil Rigs in the USA Decreased

The number of oil rigs in the USA has declined. The number of oild rigs has declined by 1 this week.

The number of oil rigs in the USA, which is described as an indicator of the oil industry's outlook and short-term crude oil production, decreased by one this week. Looking at weekly data released by oilfield services company Baker Hughes, the number of oil rigs in the US dropped by one to 309 in the week of March 6-12, compared to the previous week. As a result, the number of oil rigs in the country has decreased by 374 in the last year. The barrel price of brent oil, which closed at $ 69.63 on Thursday, closed at $ 69.22 on Friday. The barrel price of West Texas (WTI) type crude oil completed on Friday at $ 65.61. WTI type crude oil closed Thursday at $ 66.02.
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