Year-Over-Year Oil Data (USA):
I have captured key industry data, as it relates to the previous business week. The oil rig count has increased by 4 for this week. The count is equally up by 245 rigs compared to the lowest point seen in 2021.
• Also, the price for Brent and WTI crude has increased by over 30.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• February 19th, 2021: 305
• February 18th, 2022: 520
(Primary Vision – Frac Spread Count)
• February 19th, 2021: 41
• February 18th, 2022: 283
(Oilprice site: #WTI price)
• February 19th, 2021: 59.24 USD
• February 18th, 2022: 91.07 USD
(OilPrice site: Brent Crude price)
• February 19th, 2021: 62.91 USD
• February 18th, 2022: 93.54 USD
(EIA Crude Oil Inventories: agency reports with a week delay)
• February 12th, 2021: 461,757,000 Barrels
• February 11th, 2022: 411,508,000 Barrels
(EIA Gasoline Inventories: agency reports with a week delay)
• February 12th, 2021: 257,084,000 Barrels
• February 11th, 2022: 247,061,000 Barrels
