The US oil rig count declined four units to 488 in the week ended June 14, Baker Hughes said in its weekly report.
This is the lowest number of US rigs since Jan. 7, 2022 when it reached 481.
Meanwhile, gas rigs stabilized at 98 last week.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 552 | 492 | 488 | (4) | (64) |
Gas | 130 | 98 | 98 | 0 | (32) |
Oil & Gas | 682 | 590 | 586 | (4) | (96) |
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