I have captured industry data, as it relates to the previous business week.
The oil rig count has increased by 3 after having dropped by 7. 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)
• August 13th, 2021: 398
• August 12th, 2022: 601
(Primary Vision Network – Frac Spread Count)
• August 13th, 2021: 238
• August 12th, 2022: 285
(Oilprice site: #WTI price:)
• August 13th, 2021: 68.97 USD
• August 12th, 2022: 92.26 USD
(OilPrice site: Brent Crude price)
• August 13th, 2021: 71.10 USD
• August 12th, 2022: 98.13 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• August 6th, 2021: 438,777,000 Barrels
• August 5th, 2022: 432,010,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
• August 6th, 2021: 227,469,000 Barrels
• August 5th, 2022: 220,316,000 Barrels