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

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Commodities

<ul>
<li>The US oil and gas rig count remained unchanged at 585 for the week ending on 25/Oct, after falling by one the week prior.</li>
<li>In October, US rig count fell by two, with oil rigs falling by four and gas rigs rising by two, following a four-rig gain (oil +1, gas +3) in September.</li>
<li>For the week ending 25/Oct, US energy producers added one rig each in New Mexico, Oklahoma, and Ohio, while cutting two rigs in Louisiana and one in Pennsylvania.</li>
</ul>


The US oil and gas rig count remained unchanged at 585 for the week ending on 25/Oct, after falling by one the week prior.
In October, US rig count fell by two, with oil rigs falling by four and gas rigs rising by two, following a four-rig gain (oil +1, gas +3) in September.
For the week ending 25/Oct, US energy producers added one rig each in New Mexico, Oklahoma, and Ohio, while cutting two rigs in Louisiana and one in Pennsylvania.


US Rig Count Holds Steady as Gas Rig Rise Offsets Oil Drop

Crude Oil

US Rig Count Holds Steady as Gas Rig Rise Offsets Oil Drop