Breaking News

U.S. Baker Hughes Oil Rig Count

Latest Release

Jan 27, 2023

Actual

609

613

Importance:

Country:

Currency: USD

Source: Baker Hughes

Release Date	Time	Actual	Previous
Feb 04, 2023	02:00		609
Jan 28, 2023	02:00	609	613
Jan 21, 2023	02:00	613	623
Jan 14, 2023	02:00	623	618
Jan 07, 2023	02:00	618	621
Dec 31, 2022	02:00	621	622

News

Central bank week, Adani rout, Nissan gets even - what's moving markets By Investing.com - Jan 30, 2023

By Geoffrey Smith Investing.com -- The dollar drifts and bond yields move higher at the start of a big week for central banks. A drop in German GDP in the fourth quarter makes the ECB's job harder....

Crude oil edges higher; Weekly gain likely on Chinese growth optimism By Investing.com - Jan 20, 2023

By Peter Nurse Investing.com -- Oil prices edged higher Friday, poised to record a second weekly gain, on hopes the ending of COVID restrictions in China will result in a sharp increase in economic...

Crude oil edges higher; on course for large weekly gains By Investing.com - Jan 13, 2023

By Peter Nurse Investing.com -- Oil prices edged higher Friday, on track for solid weekly gains, as slowing U.S. inflation and China's reopening raised optimism of stronger global economic growth,...

Analysis

Commodities Week Ahead: Yemen Truce May Hit Oil Further; Gold Looks To Fed By Barani Krishnan/Investing.com - Apr 04, 2022

A surprise truce to the Yemen war could complicate oil’s rebound from its worst weekly decline in two years, as the pact by Houthi rebels not to attack Saudi oil facilities removes a key geopolitical...

How Oil Could Hit $200 And Beyond (Part II) By Ross Hendricks - Mar 16, 2022

In yesterday's post I looked at Vladimir Putin's invasion of Ukraine and the ways in which it threw a spark into the powder keg of the global oil market, sending the prices of WTI and Brent barreling...

Market Conundrum: With Oil Prices So High Why Is Exploration, Production So Low? By Ellen R. Wald, Ph.D. - Feb 17, 2022

Oil prices are higher than they have been in more than seven years, which is generally a good sign for oil companies and the expansion of the industry. However, we are seeing a conundrum in this...

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