The United States had 1,047 drilling rigs in operation at the end of last week. Texas ended last week with a total of 508 drilling rigs in operation. The Texas…
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price
Oil prices have been on the rebound lately. Earlier this month, prices for West Texas Intermediate (WTI) dipped just below $60, but as of today the price is hovering at…
Trying to predict oil prices has become an interesting topic for coffee table chats. Having said that, I’ll weigh in with my analysis, and then I’ll tell you why. Feel…