The US oil rig count rose by one to 549 this week, the highest number since April 2020, according to a Baker Hughes report. Reuters
The US oil rig count rose by one to 549 this week, the highest number since April 2020, according to a Baker Hughes report. Reuters
Oil slides nearly 5% on concerns over weaker global growth and higher interest rates
Covid-19 lockdowns in China are also hurting demand even as the EU considers a ban on Russian crude that would tighten supply
