Mar 16, 2024
U.S. drillers have experienced a significant boost in their oil rig count, marking the largest increase in a single week since February, according to recent data from Baker Hughes. The number of active oil rigs surged by 12, bringing the total count to 674. This surge comes as crude prices have been steadily rising, with […]
Oil Rig Count Soars, Boosting Crude Prices: Positive Signs for U.S. Oil Industry #activeoilrigs #crudeprices #EagleFordShale #oilrigcount #PermianBasin