I have captured key industry data, as it relates to the previous business week, via this post’s infographic. The below information further complements said #infographic.
(Oil Rig Count: Baker Hughes report)
- May 20th, 2022: 576
- May 19th, 2023: 575
(Primary Vision Network – Frac Spread Count)
- May 20th, 2022: 262
- May 19th, 2023: 288
(Oilprice site: #WTI price:)
- May 20th, 2022: 113.23 USD
- May 19th, 2023: 72.86 USD
(OilPrice site: Brent Crude price)
- May 20th, 2022: 112.55 USD
- May 19th, 2023: 76.79 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
- May 13th, 2022: 420,820,000 Barrels
- May 12th, 2023: 467,624,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
- May 13th, 2022: 220,189,000 Barrels
- May 12th, 2023: 218,330,000 Barrels