jdstandard20 Oct 2018 01:11
Rig Count Rises Amid Oil Price Recovery Oil $80.02.Crude oil rallied on Friday as China’s oil demand surged in September, with its refinery runs reaching 12.49 million bpd, more than 600,000 bpd higher than run rates in August. Further support for oil prices on Friday came from a newly surfaced document purporting that OPEC and its allies were having difficulty boosting production by 1 million bpd like it had promised in June.