USA's Oil Rig Has Decreased By 3 This Week

USA's Oil Rig Has Decreased By 3 This Week

The US oil rig has decreased by 3 this week. The number of oil drilling rigs, which is considered as an indicator on the outlook of the country's oil industry and short-term crude oil production, decreased by 3 within a week. The oil rig of the United States has decreased by 3 this week. According to weekly data released by oilfield services companies Baker Hughes, the number of oil rigs in the country decreased by 3 compared to the previous week to 180 between 22-28 August. With the latest data announced, due to the coronavirus epidemic in the country, the number of oil drilling rigs decreased by 562 in 1 year. The barrel price of Brent oil, which finished at $ 45.60 on Thursday, closed at $ 45.87 on Friday. The barrel price of West Texas (WTI) type crude oil finished Friday at $ 42.96. WTI closed on Thursday at $ 43.04.