I have captured industry data is captured, as it relates to the previous business week.
The oil rig count has increased by 10, and has once more set a new high for the year. Also, the price for Brent and WTI crude has increased by over 35.00 USD over the course of a year.
The below information that further complements the #infographic:
(Oil Rig Count: Baker Hughes report)
• June 25th, 2021: 372
• June 24th, 2022: 594
(Primary Vision Network – Frac Spread Count)
• June 25th, 2021: 232
• June 24th, 2022: 289
(Oilprice site: #WTI price:)
• June 25th, 2021: 74.05 USD
• June 24th, 2022: 107.62 USD
(OilPrice site: Brent Crude price)
• June 25th, 2021: 76.18 USD
• June 24th, 2022: 113.12 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• June 23rd, 2021: 435,598,000 Barrels
• June 24th, 2022: 415,566,000 Barrels
(EIA Gasoline Inventories – Agency reports on varying days)
• June 23rd, 2021: 234,161,000 Barrels
• June 24th, 2022: 221,608,000 Barrels
