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)

• June 3rd, 2022: 574
• June 2nd, 2023: 555

(Primary Vision Network – Frac Spread Count)

• June 3rd, 2022: 279
• June 2nd, 2023: 256

(Oilprice site: #WTI price:)

• June 3rd, 2022: 118.87 USD
• June 2nd, 2023: 71.74 USD

(OilPrice site: Brent Crude price)

• June 3rd, 2022: 119.72 USD
• June 2nd, 2023: 76.13 USD

(EIA Crude Oil Inventories – Agency reports on varying days)

• May 27th, 2022: 414,733,000
• May 26th, 2023: 459,657,000

(EIA Gasoline Inventories – Agency reports on varying days)

• May 27th, 2022: 218,996,000
• May 26th, 2023: 216,070,000