- The total U.S. rig count fell by 4 to 909 following last week’s decline of 15, the seventh drop in the count during the last two months, Baker Hughes says rolling around in its latest survey.
- However, the oil rig count rose by 1 to 737 while gas rigs fell by 5 to 172; U.S. crude trades at ~$53.75/bbl, down from $53.80 prior to when the rig data.
- ETFs: USO, UNG, OIL, UGAZ, UWT, UCO, DGAZ, DWT, SCO, BNO, BOIL, DBO, GAZ, DTO, USL, KOLD, UNL, DNO, OLO, SZO, DCNG, OLEM, OILK, WTIU, OILX, WTID, USOI, GAZB
- Now read: The Outlook For U.S. Propane Prices 2018-2019
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