United States Oil Fund (USO): $USO U.S. rig count slips again in Baker...

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Re: JWard99 post# 1636

Friday, 08/25/2017 2:58:47 PM

Friday, August 25, 2017 2:58:47 PM

$USO U.S. rig count slips again in Baker Hughes survey

The total U.S. rig count fell by 6 to 940 for a third straight weekly decrease, according to the latest Baker Hughes survey.

The oil rig count fell by 4 to 759 for its second straight drop, while gas rigs were lower by 2 to 180 after rising by 1 a week ago; one rig was classified as miscellaneous.

U.S. crude oil maintains earlier gains, now +0.5% at $47.69/bbl.

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