U.S. RIGS DOWN 11 TO 898
BAKER HUGHES A GE - U.S. Rig Count is down 11 rigs from last week to 898, with oil rigs down 8 to 729, gas rigs down 3 to 169, and miscellaneous rigs unchanged.
U.S. Rig Count is up 329 rigs from last year's count of 569, with oil rigs up 279, gas rigs up 52, and miscellaneous rigs down 2 to 2.
The U.S. Offshore Rig Count is down 2 rigs from last week at 18 and down 3 rigs year-over-year.
Canada Rig Count is up 1 rig from last week to 192, with oil rigs up 4 to 100 and gas rigs down 3 to 91, and miscellaneous rigs unchanged.
Canada Rig Count is up 38 rigs from last year's count of 154, with oil rigs up 24 and gas rigs up 14.
|United States Total||898||-11||909||329||569|
|Gulf Of Mexico||18||-2||20||-3||21|
|U.S. Breakout Information||This Week||+/-||Last Week||+/-||Year Ago|
|Canada Breakout Information||This Week||+/-||Last Week||+/-||Year Ago|
|Major State Variances||This Week||+/-||Last Week||+/-||Year Ago|
|Major Basin Variances||This Week||+/-||Last Week||+/-||Year Ago|
|September, 24, 15:35:00|
|September, 24, 15:30:00|
|September, 24, 15:25:00|
|September, 24, 15:20:00|
|September, 24, 15:15:00|
|September, 24, 15:10:00|
ARAB NEWS - Saudi's Aramco Trading Company (ATC) expects to increase its oil trading volume to 6 million barrels per day (bpd) in 2020, 50 percent higher than current levels, the company's top official said on Monday.
BAKER HUGHES A GE - U.S. Rig Count is down 2 rigs from last week to 1,053, with oil rigs down 1 to 866, gas rigs unchanged at 186, and miscellaneous rigs down 1 to 1. Canada Rig Count is down 29 rigs from last week to 197, with oil rigs down 13 to 135 and gas rigs down 16 to 62.
REUTERS - International benchmark Brent crude for November delivery LCOc1 was up 26 cents, or 0.33 percent, at $78.96 a barrel by 0647 GMT. U.S. West Texas Intermediate crude for October delivery CLc1 was up 7 cents, or 0.10 percent, at $70.39 a barrel.
BLOOMBERG - Russia's oil output is currently fluctuating between 1.54 million and 1.55 million tons a day -- driven mainly by state-run giant Rosneft PJSC -- the official said, asking not to be named as the information isn’t public yet. That equates to 11.29 million to 11.36 million barrels a day, beating the previous record of 11.25 million barrels a day set in October 2016 before Russia agreed with the Organization of Petroleum Exporting Countries to cut production.