US Oil Rigs Edge Up as Drilling Activity Rebounds

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Source: Crude Oil Prices Today | OilPrice.com
US Oil Rigs Edge Up as Drilling Activity Rebounds
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR Summary

Baker Hughes data show the US rig count at 588, with oil rigs up 3 to 454 and gas rigs down 3 to 124; Permian rigs rise to 263 and Eagle Ford stays at 49. US crude production rebounded to about 13.804 million bpd, while Brent trades around $83.55 and WTI around $78.21 per barrel amid ongoing price movement.

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