The number of oil drilling rigs in the USA increased
The number of oil rigs, which are considered indicators of the US oil industry outlook and short-term crude oil production, increased by 11 this week.
According to weekly data released by oilfield services company Baker Hughes, the number of oil rigs in the US rose by 11 to 183 in the week of 15-21 August compared to the previous week. With this result, the number of oil drilling rigs in the country has increased by double digits for the first time since January.
Since March, when the new type of coronavirus (Covid-19) epidemic began to take effect in the USA, the number of oil drilling rigs decreased, after an 18-week decrease, this number increased by 1 compared to the previous week for the first time in the week of July 18-24.
The barrel price of Brent oil, which closed at $ 44.90 on Thursday, closed at $ 44.30 on Friday. The barrel price of West Texas (WTI) type crude oil closed Friday at $ 42.30. WTI finished on Thursday at $ 42.58.