US Oil Rig Count Hits 15-Year-Low, Shale Remains In 'Survival' Mode

Aug 7th 2020 1:55pm EDT

US Oil Rig Count Hits 15-Year-Low, Shale Remains In ‘Survival’ Mode Tyler Durden Fri, 08/07/2020 – 13:55 The number of rigs drilling for oil in the U.S. fell by 4 in the past week to 176, according to oil-field services company Baker Hughes. That represented a decline of 588 from the year-ago period, when there […]

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