US OIL & GAS: WTI spot price at six- year low despite production dip (7 September 2015)

摘要

Average spot prices for West Texas Intermediate (WTI) crude dropped to a six-year low in late August, despite US oil production slipping to its lowest level since the first quarter, according to the Energy Information Administration (EIA). Rigs - The US oil rig count dropped by 13 units (-2%) to a five-week low of 662 on 4 September, ending a small uptrend that had occurred over the previous six weeks, according to field services major Baker Hughes.