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)
• March 4th, 2022: 519
• March 3rd, 2023: 592
(Primary Vision Network – Frac Spread Count)
• March 4th, 2022: 272
• March 3rd, 2023: 276
(Oilprice site: #WTI price:)
• March 4th, 2022: 115.68 USD
• March 3rd, 2023: 79.68 USD
(OilPrice site: Brent Crude price)
• March 4th, 2022: 118.11 USD
• March 3rd, 2023: 85.83 USD
(EIA Crude Oil Inventories – Agency reports on varying days)
• February 25th, 2022: 413,425,000
• February 24th, 2023: 480,207,000
(EIA Gasoline Inventories – Agency reports on varying days)
• February 25th, 2022: 246,011,000
• February 24th, 2023: 239,192,000