- Oil rig rely: -8 to 465 (4th straight weekly decline)
- Natural gasoline:-2 to 98
- Total rigs -10 to 566
Drill. Drill. Drill has not precisely been taking place. Yet oil costs are nonetheless down on the yr with the worth down -14.51% or -$10.42 from the closing stage on the finish of 2024 ($71.81). The present worth is at $61.39. OPEC+ elevated manufacturing and the expectations of slower development is weighing on the worth.
This article was written by Greg Michalowski at www.forexlive.com.
#Baker #Hughes #oil #rig #rely #Forexlive
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