The number of active U.S. oil rigs falls by 8 rigs to 392 last week

Market news

7 March 2016

The number of active U.S. oil rigs falls by 8 rigs to 392 last week

The oil driller Baker Hughes reported on Friday that the number of active U.S. oil rigs declined by 8 rigs to 392 last week. It was the lowest level since December 4, 2009.

The number of gas rigs slid by 5 to 97, the lowest level since 1987.

Combined oil and gas rigs decreased by 13 to 489.

Bank of Japan Governor Haruhiko Kuroda: the central bank would analyse the effect of negative interest rates

Market opening

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.