The number of wells drilled in the US continues to decline, and international oil prices have risen.

Abstract The number of oilfield drills operated in the United States continued to decline. Coupled with the tight geopolitical situation in the Middle East, international oil prices rose sharply on the 29th. US oilfield technology services company Baker Hughes released data on the 29th, as the number of oilfield drilling operations in the US as of this week continued to decline, indicating that oil prices are lower...
The number of oilfield drills operated by the United States continued to decline. Coupled with the tight geopolitical situation in the Middle East, international oil prices rose sharply on the 29th.

US oilfield technology services company Baker Hughes released data on the 29th that the number of oilfield drilling operations in the United States continued to decline this week, indicating that lower oil prices have forced many US crude oil mining companies to cut investment spending.

Crude oil data released by the US Energy Information Administration on the 28th showed that US commercial crude oil inventories fell by 2.8 million barrels to 479.4 million barrels last week, and crude oil inventories in the Cushing area of ​​Oklahoma, the main delivery area of ​​US crude oil futures, decreased by 430,000 barrels. Up to 60,100 barrels.

As of the close of the day, the light crude oil futures for July delivery on the New York Mercantile Exchange rose 2.62 US dollars to close at 60.3 US dollars per barrel, an increase of 4.54%. London Brent crude oil futures for July delivery rose $2.98 to close at $65.56 a barrel, or 4.76%.

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