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US Oil Rig Count Notches Longest Streak Without Drop Since 2022

Bloomberg Markets·July 17, 2026·1 min read

Drilling in the US oil patch achieved the longest stretch without a decrease in activity in more than four years, supporting shale's expansion amid higher prices driven by the Iran war. The US oil rig count notched its longest streak without a drop since 2022, according to the report.

Read at Bloomberg Markets
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