2020-04-06 13:55:00
U.S. RIGS DOWN 64 TO 664
BAKER HUGHES - U.S. Rig Count is down 64 rigs from last week to 664, with oil rigs down 62 to 562, gas rigs down 2 to 100, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is down 361 rigs from last year's count of 1,025, with oil rigs down 269, gas rigs down 94, and miscellaneous rigs up 2 to 2.
The U.S. Offshore Rig Count is unchanged at 18 and down 4 year-over-year.
Canada Rig Count is down 13 rigs from last week to 41, with oil rigs down 9 to 9 and gas rigs down 4 to 32.
Canada Rig Count is down 27 rigs from last year's count of 68, with oil rigs down 13 and gas rigs down 14.
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Earlier:
2020, April, 3, 12:10:00
#OilPriceWar: SAUDI ARABIA CALLS OPEC+
"It's impossible to take measures to reduce OPEC+ production by 20 million b/d, this is probably half of all countries' total production," Novak said
2020, April, 3, 12:00:00
#OilPriceWar: RUSSIA'S OIL PRICE $20
Urals crude, Russia’s export blend, is now trading firmly below $20 a barrel, a level which could equate to a budget deficit of 2% of gross domestic product this year,
2020, April, 2, 14:50:00
#OilPriceWar: U.S. NEED THE RESCUE
Podcast/Audio - US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports.
2020, March, 30, 10:25:00
#OilPriceWar AGAINST U.S.
A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.
2020, March, 30, 09:40:00
U.S. RIGS DOWN 44 TO 728
U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54
2020, March, 27, 13:55:00
#OilPriceWar: RUSSIA UNCHANGED
Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.
2020, March, 26, 11:40:00
#OilPriceWar: U.S. NEED HELP
Some US shale producers have been pressuring the Trump administration to intervene in the price war, which broke out after Russia earlier this month declined to go along with an OPEC proposal for production cuts to prop up prices.
