US Oil Rig Count Crashes To 11-Year Lows: "There's A Double Risk On The Horizon"
May 15th 2020 1:09pm EDT
US Oil Rig Count Crashes To 11-Year Lows: “There’s A Double Risk On The Horizon” Tyler Durden Fri, 05/15/2020 – 13:09 Well that escalated quickly… Drilling rigs targeting crude oil in the U.S. fell by 34 to 258, the lowest since July 2009… and production is starting to collapse… Source: Bloomberg Indeed, as OilPrice.com’s Hely […]
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