10 July 2026
US OIL & GAS: Oil rigs rise to fresh six-month high (19 September 2016)
Publication date: 19 September 2016
Gas Strategies Group
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The US oil rig count hit a new six-month high at the end of last week, but output remains lower year on year despite the latest spot prices being over 5% higher than the equivalent period in 2015, data from the Energy Information Administration (EIA) and Baker Hughes show.