The number of working oil rigs in the United States decreased at a record pace

American oil producers reduce the number of operating platforms for oil production amid falling world oil prices, said on Friday agency Bloomberg.

Thus, the number of towers made as of mid-January 1366 - 55 less than a week ago and 209 fewer than at the beginning of December. This is the sharpest decline in the history of the company’s estimates of Baker Hughes Inc., which counts the working platform since 1987.

According to analysts surveyed by, it shows the advantage of the OPEC oil cartel in the war for market share. Reduced price unprofitable OPEC countries, but allows them to create serious problems and American producers to defend their market share.
“OPEC’s strategy works, and it will be obvious for the production in the US by mid-year - while growth in shale gas production will stop,” - said the agency James Williams, president of the consulting firm WTRG Economics in Arkansas.
The price of Brent oil in the last six months has fallen by more than half - from $ 110 per barrel to around $ 50 per barrel.

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»»»
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