The Number of Oil Drilling Rigs of USA Increased

The Number of Oil Drilling Rigs of USA Increased

The number of oil drilling rigs in the USA has increased. This week, the number of oil rigs owned by the US increased by 11 units. According to data released by oilfield services company Baker Hughes, the number of oil rigs in the US increased 11 during the week of August 15-21 compared to the previous week. Thus, the number of oil drilling rigs reached 183. Accordingly, the number of oil drilling rigs in the US has increased by double digits for the first time since January. Since March, when the coronavirus (Covid-19) pandemic began to be felt in the USA, the oil drilling rig has been constantly decreasing; After 18 weeks of decrease, this number increased by 1 for the first time in the week of 18-24 July compared to the previous week. The barrel price of brent oil, which finished at $ 44.90 on Thursday, closed at $ 44.30 on Friday. The barrel price of West Texas (WTI) type crude oil closed at $ 42.30 on Friday. WTI closed Thursday at $ 42.58.