crude oil prices. natural gas prices

Wow! The Baker Hughes U.S. drilling rig count released last Friday showed an increase in active rigs.  While active rigs increased by only four (one on land and three offshore in the Gulf of Mexico) the important thing is this was the first neutral to positive change in the rig count trend since last fall.  In fact, it has been 20 straight weeks of falling rigs until last week's rise.  Does the increase signal a reversal in trend? =>Continue Reading