Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

US Rig Count Steady After Strong Surge Last Week

OPEC Cuts Demand Forecasts for Fifth Straight Month; EIA Lowers Price Outlook on Supply Glut

[ETP 2024/50] WTI Rebounds on Outlook of Better Demand in 2025; Henry Hub Rises but Remains Volatile

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Commodities

<ul>
<li>The US oil and gas rig count remained unchanged for the second straight week at 589 for the week ending on 20/Dec.</li>
<li>For the week ending 13/Dec, US oil production moderately fell to 13.6m bpd from its record high of 13.63m bpd the week prior.</li>
<li>The number of active US oil rigs grew to 483, while the US gas rig count fell by one to 102.</li>
</ul>


The US oil and gas rig count remained unchanged for the second straight week at 589 for the week ending on 20/Dec.
For the week ending 13/Dec, US oil production moderately fell to 13.6m bpd from its record high of 13.63m bpd the week prior.
The number of active US oil rigs grew to 483, while the US gas rig count fell by one to 102.


U.S. Rig Count Remains Unchanged for the Second Consecutive Week

Crude Oil

U.S. Rig Count Remains Unchanged for the Second Consecutive Week