[ad_1]
According to Baker Hughes, the number of active oil and gas platforms fell again in the United States this week, following a series of losses recorded in previous weeks, which allowed the platform to count much less than last year for the seventh week in a row. .
In the United States, the total number of active rigs in the oil and gas sector decreased by 4 from 5 to 797 and the number of gas installations increased by 1 to 186.
The total number of combined oil and gas platforms is 983, with oil recording a decrease of 62 platforms compared to the previous year and 12 petrol stations compared to the previous year. The total number of oil and gas platforms combined is down 76 years.
Since the beginning of the year, the number of oil platforms has increased from 877 active platforms on January 4 to 797, while the gas platforms have increased from 198 to 186 during the same period. period. Oil rigs are now at their lowest level since March 2018, according to Baker Hughes.
At 12:33 pm EST, moments before the release of the data, the WTI was trading slightly up $ 0.04 (+ 0.07%) to $ 57.95, after beating the day before. The price of the WTI drops more than $ 4 a barrel week after week, as the trade war between China and the United States dampens the market's atmosphere in the face of rising inventories of crude oil in the United States.
The Brent benchmark also rose $ 0.30 (+ 0.45%) to $ 66.80, which also represents a drop of more than $ 4 a barrel week after week.
US oil production edged up for the week ending May 17, reaching 12.2 million bpd, barely 100,000 bpd from the record high of 12.3 million bpd on April 26.
The number of rigs in Canada has increased by 15. The number of oil rigs in Canada has increased by 3 years over one year, and the gas platforms have dropped by 6 years over one year. .
WTI rose 0.41% that day at 13:09 EST, while Brent gained 0.66%.
By Julianne Geiger for Oilprice.com
More from Reading Oilprice.com:
[ad_2]
Source link