Open Demo Account
Home / Market Update / Commodities / US Oil Rigs Rise for Fourth Week in Row

US Oil Rigs Rise for Fourth Week in Row

M. Ali 18 December, 2020 10:00 pm Commodities, Market Update

The number of active oil rigs in the United States increased by five to a total of 263 this week, according to the weekly report by Baker Hughes.

This is the fourth consecutive weekly rise in US oil rigs.

The total active rig count in the United, including rigs drilling for crude oil and natural gas, added eight to reach 346.

Tags

Check Also

Dollar Rallies as Inflation Heats Up, Trump Demands Rate Cuts

The US Dollar is on a tear, with the Dollar Index (DXY) climbing above 98.70 …

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