15
Nov
18:34
US rigs fall by 11, Canada down 6
Both the US and Canadian rig counts fell in the week ended 15 November, Kallanish learns from energy services company Baker Hughes.
The US rig count fell by 11 net rigs to 806, down 276 from last year.
Rigs geared for oil production fell by 10, while rigs geared for natural gas production fell by one.
Texas led the notable net losses by state with five, while Ohio led the net gains with two.
The Canadian count, meanwhile, fell by six net rigs to 134, do…
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Anonymous
Very good overview of the weekly steel market.
Anonymous