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Baker Hughes US oil rig count 116 vs 118 prior

Baker Hughes US oil rig count 116 vs 118 prior

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Adam Button
29/09/2023 | 17:09 GMT
  • Weekly US oil and gas rig data
  • Permian rigs -6 to 308
  • Gas rigs 502 vs 507

Data today from the EIA showed US production up 90k bpd in July from June, which came as something as a surprised and helped to soften oil prices. Eventually though, falling rigs will bite.

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