Key industry data is captured, as it relates to the previous business week.
The oil rig count increased by 13 and has once more set a new high for 2022. The count is equally up by 271 rigs compared to the lowest point seen in 2021.
• Also, the price for Brent and WTI crude has increased by over 36.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• April 9th, 2021: 337
• April 8th, 2022: 546
(Primary Vision Network – Frac Spread Count)
• April 9th, 2021: 206
• April 8th, 2022: 275
(Oilprice site: #WTI price:)
• April 9th, 2021: 59.32 USD
• April 8th, 2022: 98.26 USD
(OilPrice site: Brent Crude price)
• April 9th, 2021: 62.95 USD
• April 8th, 2022: 102.78 USD
(EIA Crude Oil Inventories: agency reports with a week delay)
• April 2nd, 2021: 498,313,000 Barrels
• April 1st, 2022: 412,371,000 Barrels
(EIA Gasoline Inventories: agency reports with a week delay)
• April 2nd, 2021: 234,588,000 Barrels
• April 1st, 2022: 236,787,000 Barrels
