Rig count
Rigs only down 73 in North America this week. The drop is getting smaller and smaller every week. It shows that they are not taking the profitable rigs off the market and have only shut down the really poor producing rigs. I dont think anyone is turning off the taps until it will be to late
https://phx.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-rigcountsoverview