Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • AUD/USD

    0.6531
    +0.0030 (+0.47%)
     
  • OIL

    82.92
    +0.11 (+0.13%)
     
  • GOLD

    2,341.20
    +2.80 (+0.12%)
     
  • Bitcoin AUD

    97,581.47
    -4,139.00 (-4.07%)
     
  • CMC Crypto 200

    1,349.75
    -32.82 (-2.37%)
     
  • AUD/EUR

    0.6088
    +0.0017 (+0.29%)
     
  • AUD/NZD

    1.0953
    +0.0011 (+0.10%)
     
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,088.15
    +47.77 (+0.59%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    17,954.35
    -134.35 (-0.74%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

US Oil Production Might Bring Upside Potential for Oil

US Oil Production Might Bring Upside Potential for Oil

Will US Crude Oil Maintain the $54 Level on February 5?(Continued from Prior Part)Oil rig count and US crude oil productionLast week, the oil rig count fell by 15 to 847. The rig count tends to follow US crude oil prices with a three to six-month