U.S. RIGS UP 5
BAKER HUGHES wrote,
U.S. Rig Count is up 5 rigs from last week to 511, with oil rigs up 2 to 418, gas rigs up 3 to 92, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 327 rigs from last year's count of 838, with oil rigs down 223, gas rigs down 105, and miscellaneous rigs up 1.
The U.S. Offshore Rig Count is 20, unchanged from last week, and down 13 rigs year over year.
Canadian Rig Count is up 6 rigs from last week to 138, with oil rigs up 2 to 77, gas rigs up 5 to 61, and miscellaneous rigs down 1 to 0.
Canadian Rig Count is down 38 rigs from last year's count of 176, with oil rigs up 11, gas rigs down 49, and miscellaneous rigs unchanged at 0.
|July, 23, 13:55:00|
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IEA - For the third consecutive year, global energy investment declined, to USD 1.8 trillion (United States dollars) in 2017 – a fall of 2% in real terms. The power generation sector accounted for most of this decline, due to fewer additions of coal, hydro and nuclear power capacity, which more than offset increased investment in solar photovoltaics.
EIA - Crude oil production from the major US onshore regions is forecast to increase 143,000 b/d month-over-month in July from 7,327 to 7,470 thousand barrels/day , gas production to increase 1,066 million cubic feet/day from 69,466 to 70,532 million cubic feet/day .
U.S. FRB - Industrial production rose 0.6 percent in June after declining 0.5 percent in May. For the second quarter as a whole, industrial production advanced at an annual rate of 6.0 percent, its third consecutive quarterly increase. Manufacturing output moved up 0.8 percent in June.
U.S. DT - The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $69.9 billion. Of this, net foreign private inflows were $58.8 billion, and net foreign official inflows were $11.1 billion.