I have captured industry data, as it relates to the previous business week.
The oil rig count had increased by 6, and has set a new high for the year. Also, the price for Brent and WTI crude has increased by over 20.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• July 30th, 2021: 385
• July 29th, 2022: 605
(Primary Vision Network – Frac Spread Count)
• July 30th, 2021: 239
• July 29th, 2022: 295
(Oilprice site: #WTI price:)
• July 30th, 2021: 73.53 USD
• July 29th, 2022: 94.70 USD
(OilPrice site: Brent Crude price)
• July 30th, 2021: 76.03 USD
• July 29th, 2022: 103.20 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• July 23rd, 2021: 435,598,000 Barrels
• July 22nd, 2022: 422,086,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
• July 23rd, 2021: 234,161,000 Barrels
• July 22nd, 2022: 225,131,000 Barrels
