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Oil edges up as US rig count likely to fall further - Reuters
Reuters | Oil edges up as US rig count likely to fall further Reuters A weekly survey by Baker Hughes last week showed the U.S. oil rig count fell to its lowest since August 2011, though government data indicated U.S. oil output has hit 9.2 million barrels a day, the most since 1973. The results of the latest rig count ... This almost forgotten metric is suddenly driving the oil market The Hot New Statistic Oil Traders Are Watching Is 71 Years Old Oil edges up ahead of US rig count data |
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