Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Commodities

<ul>
<li>The U.S. oil and gas rig count dropped for the first time in six weeks, as it fell by 5 to 584 for the week ending 10/Jan.</li>
<li>For the week ending 03/Jan, U.S. oil production moderately fell to 13.56m bpd from 13.57m bpd the week prior.</li>
<li>U.S. oil rig count fell by 2 to 482 while gas rigs dropped by 3 to 100. Producers cut three rigs in Texas and one each from Utah and Colorado.</li>
</ul>


The U.S. oil and gas rig count dropped for the first time in six weeks, as it fell by 5 to 584 for the week ending 10/Jan.
For the week ending 03/Jan, U.S. oil production moderately fell to 13.56m bpd from 13.57m bpd the week prior.
U.S. oil rig count fell by 2 to 482 while gas rigs dropped by 3 to 100. Producers cut three rigs in Texas and one each from Utah and Colorado.


U.S. Rig Count Drops After Remaining Steady for Four Straight Weeks

Crude Oil

U.S. Rig Count Drops After Remaining Steady for Four Straight Weeks