I have captured key industry data, as it relates to the previous business week.
The oil rig count has increased by 4, once more setting a new high for the year. Also, the price for Brent and WTI crude has increased by over 35.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• June 18th, 2021: 373
• June 17th, 2022: 584
(Primary Vision Network – Frac Spread Count)
• June 18th, 2021: 235
• June 17th, 2022: 284
(Oilprice site: #WTI price:)
• June 18th, 2021: 71.64 USD
• June 17th, 2022: 109.56 USD
(OilPrice site: Brent Crude price)
• June 18th, 2021: 73.51 USD
• June 17th, 2022: 113.12 USD
(EIA Crude Oil Inventories: agency reports with a week delay)
• June 11th, 2021: 466,674,000 Barrels
• June 10th, 2022: 418,714,000 Barrels
(EIA Gasoline Inventories: agency reports with a week delay)
• June 11th, 2021: 242,980,000 Barrels
• June 10th, 2022: 217,474,000 Barrels