{"id":4627,"date":"2019-01-14T10:56:56","date_gmt":"2019-01-14T15:56:56","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=4627"},"modified":"2019-01-14T10:57:09","modified_gmt":"2019-01-14T15:57:09","slug":"baker-hughes-oil-rigs-january-11-2019","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/ar\/baker-hughes-oil-rigs-january-11-2019\/","title":{"rendered":"Baker Hughes Oil Rigs January 11, 2019"},"content":{"rendered":"

Crude Oil Rig Count<\/strong><\/p>\n\n\n\n

Latest Baker Hughes Report<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n\n\n\n

The Baker Hughes rig count reported U.S. oil rig count decreased by 4 to 873.\u00a0\u00a0\u00a0 \u00a0 <\/p>\n\n\n\n

This is the second week of rig count decreases despite the $10 crude price rally since the end of December. Producers may be cautious about drilling plans for 2019 due to the uncertainty of a permanent recovery in crude oil prices. If prices continue to rise and reach\u00a0sustained $60 levels rig count may increase.\u00a0 \u00a0\u00a0\u00a0 \u00a0<\/p>\n\n\n\n

We would be happy to discuss this commentary with you and provide additional market insights. Feel free to call us at 312-348-7518 or email us at\u00a0joel.fingerman@fundamentalanalytics.com<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

For further information contact\u00a0joel.fingerman@fundamentalanalytics.com
<\/p>","protected":false},"excerpt":{"rendered":"

Crude Oil Rig Count Latest Baker Hughes Report\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 The Baker Hughes rig count reported U.S. oil rig count decreased by 4 to 873.\u00a0\u00a0\u00a0 \u00a0 This is the second week of rig count decreases despite the $10 crude price rally since the end of December. Producers may be cautious about drilling […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4627","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/4627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/comments?post=4627"}],"version-history":[{"count":3,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/4627\/revisions"}],"predecessor-version":[{"id":4631,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/4627\/revisions\/4631"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/media?parent=4627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/categories?post=4627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/tags?post=4627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}