Open Demo Account
Home / Market Update / Commodities / US Oil Rigs Decline in Week

US Oil Rigs Decline in Week

M. Ali 18 September, 2020 10:17 pm Commodities, Market Update

Oil and natural gas rigs in the United States increased this week, according to data by Baker Hughes.

Active oil and gas rigs increased by one to 255, but remained 71% below the level of rigs for the same time last year at 613 rigs.

Oil rigs fell by one rig to 179, while natural gas rigs increased by two rigs to 73.

Tags

Check Also

Uncertainty Fuels Gold’s Surge as US Data Signals Slowdown

Rising amidst economic headwinds, gold has once again demonstrated its traditional role as a safe-haven …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends