Oil About Ranching

by Dennis McBeth | May 23, 2019

On May 17 the U.S. rig count was down a little more than five percent from a year earlier with 987 working rigs. That is one less than the previous week according to the Baker Hughes report. Canada was even for the week and down 20 from one-year ago. Brent Crude oil near month futures...

Oil About Ranching

by Dennis McBeth | May 16, 2019

The U.S. rig count was at 988 for the week ending May 10, 2019. That is two less than the previous week and 57 less than one year ago. While the U.S. rig count continues in a downward trend, at least it is not in a panic mode. Canada gained two rigs last week to...