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Re: Philvb post# 384

Tuesday, 01/10/2017 2:13:14 AM

Tuesday, January 10, 2017 2:13:14 AM

Post# of 7854
https://www.bloomberg.com/news/articles/2017-01-08/oil-halts-below-54-as-rising-u-s-drilling-damps-saudi-cuts

U.S. drillers boosted the rig count by four to 529 last week, according to data Friday from Baker Hughes. It’s the highest level since the week ended Jan. 1, 2016. Companies have added more than 100 rigs since the end of September.