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Year-Over-Year Oil Data (USA):

Matthew Johnson by Matthew Johnson
April 6, 2022
in Market Trends
0
Year-Over-Year Oil Data (USA):

I have captured key industry data, as it relates to the previous business week.

The oil rig count increased by 2 and has once more set a new high for 2022. The count is equally up by 258 rigs compared to the lowest point seen in 2021.

• 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: data released on April 1st for 2021)
• April 1st, 2021: 337
• April 1st, 2022: 533

(Primary Vision Network – Frac Spread Count: data released on April 1st for 2021)
• April 1st, 2021: 207
• April 1st, 2022: 273

(Oilprice site—#WTI price: data references April 1st for 2021)
• April 1st, 2021: 62.86 USD
• April 1st, 2022: 99.27 USD

(OilPrice site—Brent Crude price: data references April 1st for 2021)
• April 1st, 2021: 62.85 USD
• April 1st, 2022: 104.39 USD

(EIA Crude Oil Inventories: agency reports with a week delay)
• March 26h, 2021: 501,835,000 Barrels
• March 25th, 2022: 409,950,000 Barrels

(EIA Gasoline Inventories: agency reports with a week delay)
• March 26h, 2021: 230,544,000 Barrels
• March 25th, 2022: 238,828,000 Barrels

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