Baker Hughes US weekly oil rig count: Unchanged at 588

Baker Hughes Us Weekly Oil Rig Count: Unchanged At 588 Pumpjack Id 40E699E8 7681 48D5 A27F 02483803A9F5 Original Featured 1786122394
  • Oil +3 to 454
  • Nat gas -3 to 124

The US hasn’t been able to bring on much oil production since Trump came to office. The mantra of producer discipline is finally taking hold. I’d also be vary wary of adding given how quickly oil has dropped every time there has been a sign of peace.

This article was written by Adam Button at investinglive.com.


SOURCE LINK : Baker Hughes US weekly oil rig count: Unchanged at 588