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

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

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

US Crude Oil Output at Risk as Rig Count Plummets

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

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Commodities

<ul>
<li>US oil rig count stabilises at 479 as of the week ending on 5/July, after falling for five consecutive weeks.</li>
<li>The US natural gas rig count rose by 4 to 101, yet it remains 34 rigs lower than the count from the same week last year</li>
<li>Drilling activities in the US remain soft as upstream players prioritise shareholder returns over increasing output.</li>
</ul>


US oil rig count stabilises at 479 as of the week ending on 5/July, after falling for five consecutive weeks.
The US natural gas rig count rose by 4 to 101, yet it remains 34 rigs lower than the count from the same week last year
Drilling activities in the US remain soft as upstream players prioritise shareholder returns over increasing output.


US Oil Rig Decline Halts While Gas Rig Count Increases