I have captured industry data, as it relates to the previous business week.
The oil rig count has decreased for 2 consecutive weeks after it 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 10, 2021: 401
• September 9th, 2022: 591
(Primary Vision Network – Frac Spread Count)
• September 10, 2021: 244
• September 9th, 2022: 284
(Oilprice site: #WTI price:)
• September 10, 2021: 69.72 USD
• September 9th, 2022: 86.65 USD
(OilPrice site: Brent Crude price)
• September 10, 2021: 72.92 USD
• September 9th, 2022: 92.45 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• September 3rd, 2021: 423,867,000 Barrels
• September 2nd, 2022: 427,191,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
• September 3rd, 2021: 219,999,000 Barrels
• September 2nd, 2022: 214,808,000 Barrels
