US Oil Rig Count Rises Most In Q3 Since 2009
Q3 ends with a 29% rise in US oil rigs - this is the biggest rise since Q4 2009.
Oil rigs have risen 14 weeks in a row (up 7 this week to 425, the highest since Feb 2016).
Disclosure: None.
Q3 ends with a 29% rise in US oil rigs - this is the biggest rise since Q4 2009.
Oil rigs have risen 14 weeks in a row (up 7 this week to 425, the highest since Feb 2016).
Disclosure: None.
Keep in mind, that big rise took place after a more than 75% decline.