I have captured industry data, as it relates to the previous business week.
The oil rig count has increased by 2 and has once more set a new high for the year. 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)
• July 9th, 2021: 378
• July 8th, 2022: 597
(Primary Vision Network – Frac Spread Count)
• July 9th, 2021: 238
• July 8th, 2022: 285
(Oilprice site: #WTI price:)
• July 9th, 2021: 75.55 USD
• July 8th, 2022: 107.02 USD
(OilPrice site: Brent Crude price)
• July 9th, 2021: 74.56 USD
• July 8th, 2022: 104.79 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• July 2nd, 2021: 445,476,000 Barrels
• July 1st, 2022: 423,800,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
• July 2nd, 2021: 235,497,000 Barrels
• July 1st, 2022: 219,112,000 Barrels
