I have captured industry data, as it relates to the previous business week.
The oil rig count has decreased by 9 after having reached an all-time high for 2022. Also, the price for Brent and WTI crude has increased by over 16.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• September 3rd, 2021: 394
• September 2nd, 2022: 596
(Primary Vision Network – Frac Spread Count)
• September 3rd, 2021: 240
• September 2nd, 2022: 282
(Oilprice site: #WTI price:)
• September 3rd, 2021: 69.29 USD
• September 2nd, 2022: 86.87 USD
(OilPrice site: Brent Crude price)
• September 3rd, 2021: 72.61 USD
• September 2nd, 2022: 93.02 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• August 27th, 2021: 425,395,000 Barrels
• August 26th, 2022: 418,346,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
• August 27th, 2021: 227,214,000 Barrels
• August 26th, 2022: 214,475,000 Barrels
