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US Rig Count Rises as EIA Projects Crude Output Surge

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • The U.S.
  • oil rig count rose by one to 455 this week, up 43 year-over-year according to Baker Hughes.
  • The EIA projects U.S.
  • crude production will climb to 13.8 million barrels per day this year and 14.2 million b/d by 2027.
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