OIH
OIH
Market read
The increase in oil rigs reflects expanding oil and gas drilling activity in the U.S. This is directly related to global crude oil supply and Brent price dynamics, affecting oil, gas and energy companies. This year-on-year increase shows the trend in oil and gas drilling activity.
Try Pro
Track capital flows and market sentiment in real time, across every asset.
@oilprice · 07/18, 12:27 AM
Event soonU.S. oil rig count up 7 to 452, total rig count up to 588, while Brent rises.
The increase in oil rigs reflects expanding oil and gas drilling activity in the U.S. This is directly related to global crude oil supply and Brent price dynamics, affecting oil, gas and energy companies. This year-on-year increase shows the trend in oil and gas drilling activity.
Related markets