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 Oil Rig Decline Halts While Gas Rig Count Increases

U.S. Oil and Gas Rig Count Continues on Downward Trend

Pickup in Gas Rigs Drive U.S. Oil & Gas Rig Count Higher

Buildup in US Crude Inventory Slows Amid Expectations of a Pick up in Refinery Utilisation Levels

Strong Buildup of US Crude Inventory Plays Spoilsport to a Solid Oil Rally

EIA Forecasts Crude Oil Prices to Fall in 2025 Due to Weak Demand Growth

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Commodities

<ul>
<li>US oil rig count falls to 485 as of the week ending on 21/June, its lowest since January 2022.</li>
<li>US oil and gas rig count is falling as producers prioritize shareholder returns over increasing output.</li>
<li>Rising labour and equipment costs along with macroeconomic uncertainties further discourage producers from adding rigs.  </li>
</ul>


US oil rig count falls to 485 as of the week ending on 21/June, its lowest since January 2022.
US oil and gas rig count is falling as producers prioritize shareholder returns over increasing output.
Rising labour and equipment costs along with macroeconomic uncertainties further discourage producers from adding rigs.  


US Crude Oil Output at Risk as Rig Count Plummets