Has been decreasing for 16 weeks | Commodity News

The number of oil drilling rigs of the USA, which is accepted as the indicator of the oil industry and short-term crude oil production, has decreased by 3 this week. Thus, the number of oil drilling rigs in the country decreased for 16 consecutive weeks and decreased by a total of 498 units.

According to the weekly data released by the oilfield service company Baker Hughes, the number of oil drilling rigs in the USA fell to 185 in the week of 27 June-2 July compared to the previous week and fell to its lowest level since June 2009.

The barrel price of Brent oil, which closed yesterday at $ 43.14, was traded at $ 42.67 at 08.34 today. The price of barrels of West Texas (WTI) type crude oil was around $ 40.22 in the same minutes. WTI finished yesterday at $ 40.65.

Markets in the USA will be closed today due to the 4th of July Independence Day.