bullish

Crude Oil

US Crude Oil Output at Risk as Rig Count Plummets

200 Views24 Jun 2024 23:54
US oil rig count continues to plummet, touching its lowest level in 2024. The current oil rig count is the lowest since January 2022, while the number of gas rigs is at its lowest since October 2021.
What is covered in the Full Insight:
  • Introduction
  • Current Rig Count Status
  • Historical Rig Count Trends
  • Production Trends and Efficiency Gains
  • Future Outlook and Risks
SUMMARY
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