> Baker Hughes US oil rig count -4

Baker Hughes US oil rig count -4

Weekly US oil and gas drilling rigs

Friday, 14/06/2024 | 17:06 GMT

Oil -4 to 488
Natural gas unchanged at 98

Oil drilling rigs have steadily declined in the past year, though that's offset somewhat by longer laterals. It bodes poorly for US production growth late this year and into 2025.

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