US Oil Rig Count Continues Higher as Production Lurches Higher

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  • 01 Jun '18 at 8:05 pm #16860
    TradersCom
    Keymaster

    New U.S. oil rigs put into service continued…

    [article]839[/article]

    01 Jun '18 at 10:39 pm #16862
    TradersCom
    Keymaster

    After an attempt to buy the rumor sell the news the WTI futures closed near their lows

    U.S. crude oil futures settled $65.81/bbl. $1.23. -1.83% on volume ~711k

    04 Jun '18 at 5:20 pm #16881
    MoneyNeverSleeps
    Participant

    The will produce as long as they can at these high prices – why wouldn’t they with OPEC out there?

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