This may come this afternoon with the weekly U.S.
rig count data,» said Harry Tchilinguirian, global head of commodity strategy at BNP Paribas.
* Coming up: Baker Hughes
rig count data at 1 p.m. EDT (Updates market activity, prices, adds commentary; changes byline, dateline, previous LONDON)
Not exact matches
After the
rig -
count data release, crude oil prices remained weak alongside stocks and bonds.
Despite a precipitous decline in the U.S.
rig count, greater efficiency has allowed U.S. domestic production to rise by roughly 500k barrels since the end of 2014, according to Bloomberg
data.