Oil Dips As Rig Count Rises By Most Since 2015

It appears oil traders have no interest in rig counts anymore (for now). With an 11 rig increase – the most since Dec 2015 – the rig count continues to track the lagged price rise in WTI. However, the market has just shrugged it off for now…

 

via http://ift.tt/29jLd1A Tyler Durden

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