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2016-05-22 15:00:00

U.S. RIGS DOWN 2

U.S. RIGS DOWN 2

U.S. Rig Count is down 2 rigs from last week to 404, with oil rigs unchanged at 318, gas rigs down 2 to 85, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 481 rigs from last year at 885, with oil rigs down 341, gas rigs down 137, and miscellaneous rigs down 3.

The U.S. Offshore rig count is 24, up 2 from last week, and down 5 rigs year over year.

Canadian Rig Count is up 1 rig from last week to 44, with oil rigs unchanged…

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Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 2
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

U.S. RIGS DOWN 2
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

U.S. RIGS DOWN 2
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

U.S. RIGS DOWN 2
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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