Financial Post | The Hot New Statistic Oil Traders Are Watching Is 71 Years Old Bloomberg Every week since 1944, Baker Hughes Inc. would release its survey of how many rigs were out drilling for U.S oil and gas. And every week, oil and gas traders would, for the most part, overlook it. What a difference a $50-a-barrel slide in oil makes ... How a 71-year-old statistic became the new go-to data for oil traders in a ... |