Shale Drillers Party Like It’s 2014 as Oil Finds Bull Market

Updated on
  • U.S. producers put 76 oil rigs back to work in eight weeks
  • Permian Basin leads increases with 7 of 10 added this week

Oil Enters a Bull Market

Shale drillers are adding the most oil rigs since crude was worth $100 a barrel as confidence that OPEC may finally agree to freeze output pushed futures into a bull market.

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