Oil Rigs Decline for Seventeenth Straight Week [Chart]

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For the 17th straight week, the amount of operational oil rigs has declined in the United States to 802. This is now over a 50% decline since last October, and the last time we had a rig figure this low was the week ending March 4, 2011.

Oil Rigs Decline for Seventeenth Straight Week

Infographic source: Visual Capitalist

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