Thursday , 21 November 2024
Home Forex Baker Hughes US oil right count falls to the lowest since December 2021
Forex

Baker Hughes US oil right count falls to the lowest since December 2021

  • Oil -6 to 478
  • Gas -1 to 97
  • Total 581

US production is much higher than 2021/22 because of much longer laterals an efficiency but there is a limit and this argues that production could slump by year end.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Australian economy – household income has collapsed back to 2009 levels

This is via Roger Wilkins, an economist at The University of Melbourne.A...

ICYMI – SEC Chair Gensler to Depart Agency on January 20

The US Securities and Exchange Commission announced on Thursday that its Chair,...

Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower.

A note from Deutsche Bank analysts see them warning that a full-force...

Australia preliminary manufacturing PMI November 49.4 (October was 47.3)

Australia Judo Bank / S&P Global data. Mixed bag, up for manufacturing...