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WTI Threatened By Higher U.S Oil Rig Count

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 21, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Oil concluded last week heavily depressed closing under $36 following the Friday report from oil services company,Baker Hughes Inc. showing that theoil rig count climbed for the first time in five weeks. Sentiment towards WTI Oil received a heavy blow as this latest increase in oil rig counts, combined with[​IMG]

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