London, (Oilandgaspress) ––Bank of America reportedly said it expected energy demand to rise substantially in the near term, driven by strengthening economic growth.
| Oil and Gas Blends | Units | Oil Price US$/bbl | Change |
| Crude Oil (WTI) | USD/bbl | $71.40 | Down |
| Crude Oil (Brent) | USD/bbl | $74.84 | Up |
| Bonny Light 23/09/24 | USD/bbl | $77.17 | Down |
| Dubai | USD/bbl | $73.72 | Up |
| Natural Gas | USD/MMBtu | $2.64 | Up |
| Murban Crude | USD/bbl | $74.79 | Up |
| OPEC basket 23/09/24 | USD/bbl | $74.44 | Down |
Baker Hughes Rig Count: U.S. -2 to 588 Canada -7 to 211
U.S. Rig Count is down 2 from last week to 588 with oil rigs unchanged at 488, gas rigs down 1 to 96 and miscellaneous rigs down 1 to 4.
Canada Rig Count is down 7 from last week to 211, with oil rigs down 6 to 144, gas rigs down 1 to 66 and miscellaneous rigs unchanged at 1.
The Worldwide Rig Count for August was 1,735, up 22 from the 1,713 counted in July 2024, and down 53, from the 1,788 counted in August 2023.
| Region | Period | Rig Count | Change |
| U.S.A | 20 September 2024 | 588 | -2 |
| Canada | 20 September 2024 | 211 | -7 |
| International | August 2024 | 931. | -3 |
Oil and Gas News Undiluted !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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