US Oil Drilling Rig Number Decreased Again
The number of oil drilling rigs in the USA has decreased again. The number of oil drilling rigs decreased by 1 this week.
The number of oil drilling rigs of the USA, which is considered as an indicator for the oil industry outlook and short-term crude oil production, has decreased by 1 this week.
According to weekly data released by oil field service company Baker Hughes, the number of oil drilling rigs in the US decreased by 1 in the week of 25-31, compared to the previous week, and the total number decreased to 180.
The number of oil drilling rigs in the USA had increased for the first time in the previous week after 18 weeks of decrease.
Completing Thursday at $ 42.94, Brent oil’s barrel price completed Friday at $ 43.30. The barrel price of West Texas (WTI) crude oil finished Friday at $ 40.27. WTI finished Thursday at $ 39.92.