The U.S. rig depend was little modified this week, with the overall variety of energetic rigs rising by 1 to 588. Oil rigs elevated by 1, whereas pure fuel and miscellaneous rigs had been unchanged. In contrast with a 12 months in the past, the overall rig depend is 48 rigs increased, led by a **41-rig enhance in oil drilling.
Key takeaways:
- Whole U.S. rig depend: 588 (+1 vs. final week; +48 vs. a 12 months in the past)
- Oil rigs: 451 (+1 w/w; +41 y/y)
- Fuel rigs: 127 (unchanged w/w; +3 y/y)
- Miscellaneous rigs: 10 (unchanged w/w; +4 y/y)
This text was written by Greg Michalowski at investinglive.com.
