The number of active U.S. oil rigs declines by 11 rigs to 332 last week

Market news

2 May 2016

The number of active U.S. oil rigs declines by 11 rigs to 332 last week

The oil driller Baker Hughes reported on Friday that the number of active U.S. oil rigs fell by 11 rigs to 332 last week. It was the lowest level since 2009.

The number of gas rigs declined by 1 to 87.

Combined oil and gas rigs decreased by 12 to 420.

Eurozone’s final manufacturing PMI climbs to 51.7 in April

International Energy Agency (IEA) executive director Fatih Birol: oil prices may reached the bottom

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