The United States had 1,047 drilling rigs in operation at the end of last week. Texas ended last week with a total of 508 drilling rigs in operation. The Texas…
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Oil prices have been on the rebound lately. Earlier this month, prices for West Texas Intermediate (WTI) dipped just below $60, but as of today the price is hovering at…
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Trying to predict oil prices has become an interesting topic for coffee table chats. Having said that, I’ll weigh in with my analysis, and then I’ll tell you why. Feel…