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That Was the Week That Was...in O&G: a 30 seconds update (w/e May 10, 2024)

Farhan Sher

发布日期: 2024年5月13日

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WTI?flat WoW

Oil prices fell by nearly $1 a barrel on Friday as Fed comments indicated higher-for-longer interest rates, which could hinder demand from the world's largest crude consumers.? For the week, both Brent and WTI were flat

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HH?up 4% WoW

Weekly natural gas cash prices were mixed as continued declines in production and pockets of strong demand empowered bulls, but weakness in West Texas kept bears in that region on the prowl

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Baker Hughes US rig count (ex-GOM)?down 8 WoW

603 vs 605: Permian (-2)
3rd weekly decline -- total rig count down 128, or 18% below this time last year

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