US Oil Rig Count Rises For 15th Straight Week To 8 Month Highs

Tyler Durden
By Tyler Durden of Zero Hedge
Writer at ZeroHedge •

WTI Crude prices are holding below $50 as the US oil rig count rose for the 15th straight week.

WTI Crude prices are holding below $50 as the US oil rig count rose for the 15th straight week. Up 3 to 428, this is the highest since Feb 2016...

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20161007_rig1.jpg (864×486)

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