By Anadolu Agency
August 5, 2023 7:33 amThe oil rig count in the US decreased by 4 this week, according to the latest data released by oilfield services company Baker Hughes on Friday.
The number of oil rigs, an indicator of short-term production in the country, fell to 525 for the week ending August 4.
The number of US oil rigs declined by 73 compared to one year ago.
The price of international benchmark Brent crude stood at $85.78 per barrel at Friday’s trading close, while American benchmark West Texas Intermediate (WTI) was at $82.82 barrel.
We use cookies on our website to give you a better experience, improve performance, and for analytics. For more information, please see our Cookie Policy By clicking “Accept” you agree to our use of cookies.
Read More