Friday night saw a stable Brent oil price at $65.48. The big news for the evening was sharp slowing in the falling US rig count down just 11 to 894:
Some basins are now expanding rigs again, from Bloomie:
For the first time in five months, a rig in the Williston Basin, where North Dakota’s Bakken shale formation lies, sputtered back to life and started drilling for crude once again. And then one returned to the Permian Basin, the nation’s biggest oil play, field services contractor Baker Hughes Inc. said Friday.