The total U.S. rig count fell by 2 to 929, stabilizing for the third straight week following five consecutive weeks of increases, Baker Hughes reports in its latest weekly survey.
The oil rig count remained unchanged at 747 for the second straight week, while gas rigs fell by 2 to 182.
Oil seems to be headed for a bullish move late 2018. Could make the Bitumen business very lucrative.