WTI ignores the oil-rig count
|According to the latest data released by Baker Hughes, the number of active U.S.rigs drilling for oil increased by 14, bringing the total number up to 631 rigs this week. The total active U.S. rig count, which includes oil and natural-gas rigs, also rose by 21 to 789. Following the data, WTI seems stable with a 0.10% gain on the day at $48.80.
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