Key industry data is captured, as it relates to the previous business week.
The oil rig count has increased and set a new high for 2022. Also, the price for Brent and WTI crude has increased by over 38.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• April 16h, 2021: 344
• April 14th, 2022: 548
(Primary Vision Network – Frac Spread Count)
• April 16th, 2021: 220
• April 14th, 2022: 269
(Oilprice site: #WTI price:)
• April 16th, 2021: 63.13 USD
• April 14th, 2022: 106.95 USD
(OilPrice site: Brent Crude price)
• April 16th, 2021: 66.77 USD
• April 14th, 2022: 111.70 USD
(EIA Crude Oil Inventories: agency reports with a week delay)
• April 9th, 2021: 492,423,000 Barrels
• April 8th, 2022: 421,753,000 Barrels
(EIA Gasoline Inventories: agency reports with a week delay)
• April 9th, 2021: 234,897,000 Barrels
• April 8th, 2022: 233,139,000 Barrels
