WTI Slides As US Oil Rig Count Spikes Most Since April 2014

By Tyler Durden of Zero Hedge
Friday, December 9, 2016 4:02 PM EDT

For the 25th of the last 27 weeks, Baker Hughes reports the oil rig count rose this week. With the biggest rise (+21) since April 2014 to 498, the highest since January 2016.

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Signaling US shale production set to rise dramatically...

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Chee Hin Teh • 7 years ago • Member's comment

thanks tyler and merry christmas