I have captured industry data, as it relates to the previous business week.
The oil rig count has increased by 3 and has once more set a new high for 2022. Also, the price for Brent and WTI crude has increased by over 40.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• April 30th, 2021: 342
• April 29th, 2022: 552
(Primary Vision Network – Frac Spread Count)
• April 30th, 2021: 212
• April 29th, 2022: 273
(Oilprice site: #WTI price:)
• April 30th, 2021: 63.58 USD
• April 29th, 2022: 104.69 USD
(OilPrice site: Brent Crude price)
• April 30th, 2021: 67.25 USD
• April 29th, 2022: 109.34 USD
(EIA Crude Oil Inventories: agency reports with a week delay)
• April 23rd, 2021: 493,107,000 Barrels
• April 22nd, 2022: 414,424,000 Barrels
(EIA Gasoline Inventories: agency reports with a week delay)
• April 23rd, 2021: 235,074,000 Barrels
• April 22nd, 2022: 230,805,000 Barrels
