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Saturday, September 3, 2016

Obama's daft comments on China!

Obama has disgraced and deceived himself and the world with such a blatant daft speech.
What's wrong with the speech?
Who is the one flexing muscles in south china sea with 2 aircraft carriers and several destroyers? USA!
Yes, China is signatory to the UN convention on the law of the sea but USA is not. Why is USA using a law which itself doesn't recognise?
UN convention on the law of the sea must not be subjected to different interpretations by different parties. There is only 1 international court and it is ICJ. PCA is just a private organisation without legal authority to rule on international matters. If you look at PCA's website, you cannot find anything on it to substantiate its legality as a court as to who and what empower PCA to be an international court. Furthermore, it states clearly on its website that it is not a court in traditional sense but a framework.
PCA is a private organisation that doesn't recognise historical claim but ICJ which is backed by UN recognises historical claim as it is a backbone of all sovereignties. Without historical claims, many nations wouldn't exist today including USA.
Terra Nullius was a historical claim used by SG in Pedra Branca case against Malaysia in ICJ and ICJ awarded Pedra Branca based on that. Please refer to https://en.wikipedia.org/wiki/Pedra_Branca_dispute for more information.
If the world accepts PCA's ruling, it is empowering a private organisation to rule on international matters and also subjecting international laws to different interpretations. Where will UN and ICJ stand if a private organisation can rule on international matters?
The world must uphold the integrity of international laws and there must be a common interpretation but not different interpretations. Therefore, we cannot allow a private organisation to rule on international matters.

Baltic dry index - 720

Today, Friday, September 02 2016, the Baltic Dry Index climbed by 8 points, reaching 720 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 497

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 497.
A year ago, 864 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 407 rigs sought oil and 88 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Oklahoma, Wyoming and Texas gained four rigs each, Pennsylvania was up two, while North Dakota and West Virginia increased by one apiece.
Louisiana declined by seven and Colorado was down one.
Alaska, Arkansas, California, Kansas, New Mexico, Ohio and Utah were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Monday, August 29, 2016

Singapore stock calls for 29 August 2016.


Why is the world willing to move on after Nazi but not Japanese occupation?

The reason is simple. The Germans apologized with utmost sincerity for the atrocities committed by the Nazis. When you visit any museum that displays Nazi's history and crimes, you can see a true account of the past. The Germans do not whitewash their acrimonious past.
For Japan, the Japanese tried to whitewash their unglamorous past starting with their school textbooks and also protested against the Unesco Nanjing Massacre listing. Why? This makes it hard for Japan to deny the Nanjing Massacre when it is listed under the Unesco.
Not only does Japan government whitewash its history, it also worships the war criminals in the yasukuni shrine. This is akin to extolling their ruthless actions during WW2 especially when the government officials visit the shrine on an annual basis.
The world will never forgive Japan and move on because of insincere apology. The world cannot reconcile Japan's insincere verbal apology with regular yasukuni shrine visits and history whitewashes.

Saturday, August 27, 2016

Baltic dry index - 720

Today, Friday, August 26 2016, the Baltic Dry Index climbed by 2 points, reaching 720 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 489

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by two this week to 489.
A year ago, 877 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 406 rigs sought oil and 81 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Pennsylvania gained two rigs and Wyoming was up one.
Colorado, Louisiana, Ohio, Texas and West Virginia each declined by one.
Alaska, Arkansas, California, Kansas, New Mexico, North Dakota, Oklahoma and Utah were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

No need for USD anymore!

https://sg.finance.yahoo.com/news/iran-south-korea-begin-trade-124043465.html


USA has lost its power of influence in Middle East.

https://sg.news.yahoo.com/kerry-lavrov-meet-geneva-discuss-syria-ukraine-082549047--politics.html

USA couldn't decide unilaterally in Middle East anymore without involving Russia compared to the past.  No more hegemonic status!

Friday, August 26, 2016

TPP won't be approved this year.

http://www.channelnewsasia.com/news/world/tpp-deal-won-t-get-senate/3075360.html

TPP won't be approved this year and the new incumbent president also won't approve it either.  Both presidential candidates stated very clearly in their propagandas that they won't approve TPP because TPP was detrimental to USA economy.

Any changes to TPP will have to be re-negotiated with Asia countries and this is very time-consuming.  Therefore, TPP has virtually no success rate in the future.

Singapore stock calls for 26 August 2016


Singapore's economy will falter soon!

https://www.youtube.com/watch?v=-ia7RWlxDPc

As Singapore gets more and more supportive of USA's stance on South China Sea, China will block and tackle SG.  The Krai canal construction seems to have started insidiously as reported by China's news media.  This has been China's strategic move to counter USA's power in Straits of Malacca.

Monday, August 22, 2016

China has upgraded its destroyer for South China Sea.

In view of further aggressive stance in South China Sea from USA, China has upgraded its destroyer with more lethal and advanced weapons. The 32-cell launch pad can contain 64 missiles in total.

http://sputniknews.com/military/20160810/1044143258/beijing-china-dispute-destroyer-missiles.html

China and Russia will be conducting naval exercise in South China Sea in September 2016.

China and Russia will be conducting a drill in South China Sea this September. This is to show the world that China and Russia are standing together on the South China Sea issue. Any country which is creating trouble in South China Sea will have to deal with 2 powerful nations, not just China per se.

http://www.reuters.com/article/us-southchinasea-china-drills-idUSKCN1080O8

Singapore stock calls for 22 August 2016


Saturday, August 20, 2016

Baltic Dry Index - 683

Today, Friday, August 19 2016, the Baltic Dry Index climbed by 1 point, reaching 683 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 491

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 491.  A year ago, 885 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 406 rigs sought oil and 83 explored for natural gas this week. Two were listed as miscellaneous.  The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Political powers are shifting around the globe now!


USA tries to interfere in South China Sea that angers China.  Therefore, China is interfering in Middle East to get back at the USA.  China will be supporting Syria in the Middle East with military training and aids.  This is an excellent strategic move because Syria is an oil producing nation and China can import oil from Syria in RMB, not in USD.

https://www.rt.com/op-edge/356281-isis-china-russia-iran-syria/

With Russia and China support, Syria is pounding US-backed Kurdish troops by bombing them.

https://sg.finance.yahoo.com/news/syria-regime-pounds-kurdish-positions-second-day-170632363.html

We can see that Russia and China have formed a strategic alliance against the USA in South China Sea and Middle East.

For the first time in history, Iran has allowed Russia to use its airbase to bomb IS in Syria.  This is a political changing event which angers the USA.  Iran is overtly expressing its support for Russia involvement which will greatly reduce USA influence.

http://abcnews.go.com/International/wireStory/iran-official-permanent-russia-base-syria-strikes-41447307

Russia is also pressuring Turkey for access to its airbase to bomb IS in Syria and the primary motive is to create ramification in NATO since Turkey is one of NATO members.  With burgeoning supports from Iran, Syria, Turkey and China, Russia will become a major decision maker in Middle East.

http://www.theaustralian.com.au/news/world/the-times/russia-presses-turkey-for-access-to-us-incirlik-air-base/news-story/6872e14557dcd3bc86ede133d859d430?nk=1245f5e8f694d265d6215354926a07ca-1471673751

Friday, August 19, 2016

Singapore stock calls for 19 August 2016


China warns Singapore not to interfere in South China Sea.

China has warned Singapore not to interfere in South China Sea after PM Lee's remarks in USA. SG better listens or China will whip SG's economy. SG has been a USA supporter without much economic benefit. Latest economic statistics showed that sales to USA slid 19% and sales to China slid 17%.

http://www.scmp.com/news/china/diplomacy-defence/article/2004638/china-urges-singapore-not-interfere-south-china-sea

http://www.theedgemarkets.com.sg/node/292941

Saturday, August 13, 2016

Baltic Dry Index - 671

Today, Friday, August 12 2016, the Baltic Dry Index climbed by 18 points, reaching 671 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 481

HOUSTON — 
The number of rigs exploring for oil and natural gas in the U.S. increased by 17 this week to 481.
A year ago, 884 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 396 rigs sought oil and 83 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained 13 rigs and Colorado, New Mexico, North Dakota, Ohio and Utah were up one each.
California declined by one.
Alaska, Arkansas, Kansas, Louisiana, Oklahoma, Pennsylvania, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Saturday, August 6, 2016

Baltic Dry index - 636

Today, Friday, August 05 2016, the Baltic Dry Index showed no change, remaining at 636 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 464

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 464.
A year ago, 884 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 381 rigs sought oil and 81 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained three rigs, New Mexico two and North Dakota and Oklahoma one apiece.
Louisiana declined by four while California, Colorado and West Virginia fell by one each.
Alaska, Arkansas, Kansas, Ohio, Pennsylvania, Utah and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Friday, August 5, 2016

Singapore stock calls for 5 August 2016


Economic crisis is developing in South Korea.

An economic crisis is developing in South Korea because of the establishment of THAAD system.

China has started to whip South Korea for being a bad neighbour because it is threatening China's national security with THAAD.

China starts with anti-dumping tariff for steel imports from South Korean and has moved on to ban Korean TV contents and talents.  South Korea's economy is heavily dependent on 10 conglomerates such as Samsung, LG, Hyundai, etc.  Therefore, China will start to attack these 10 conglomerates so that South Korea will back down on THAAD. 



China has started to aim its missiles at THAAD site in South Korea for self-preservation purpose.  Is THAAD really a safety measure for South Korea or THAAD a danger?

THAAD is used for protection against high altitude missiles but North Korea has mostly low altitude missiles and low flying rockets.  THAAD cannot be used for those low flying missiles and rockets such as scuds.  Therefore, only patriot missiles can protect South Korean against low flying missiles, rockets and artillaries.


It is estimated that North Korea has more than 10,000 mobile rocket launchers and these will be used to attack South Korea during the war.  Therefore, South Korea's main threat is these 10,000 mobile rocket launchers which the THAAD system cannot detect and destroy.  Many analysts know this and know that the true purpose of THAAD is to suppress China & Russia's ICBMs.

Saturday, July 30, 2016

Baltic Dry Index - 656

Today, Friday, July 29 2016, the Baltic Dry Index decreased by 9 points, reaching 656 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 463

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 463.
A year ago, 874 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 374 rigs sought oil and 86 explored for natural gas this week. Three were listed as miscellaneous.
Among major oil- and gas-producing states, Louisiana and New Mexico each gained two, while Colorado, Ohio, Oklahoma and Pennsylvania were up one apiece.
Texas declined by three, Alaska and West Virginia by two each and Utah by one.
Arkansas, California, Kansas, North Dakota and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Wednesday, July 27, 2016

USA is backing off in South China Sea.

USA is backing off in South China Sea after China releases ballistic missiles defence system test.
USA knows it cannot defeat China with its military prowess in South China Sea after China releases ballistic missiles defence system test.

Singapore stock calls for 27 July 2016


Saturday, July 23, 2016

Baltic Dry Index - 718

Today, Friday, July 22 2016, the Baltic Dry Index decreased by 8 points, reaching 718 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US Rig Count - 462

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 462.
A year ago, 876 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 371 rigs sought oil and 88 explored for natural gas this week. Three were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained 15, California was up by two and New Mexico gained one.
Louisiana declined by two. Alaska and Kansas each lost one.
Arkansas, Colorado, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Monday, July 18, 2016

Why is the whole world silent on the ruling against China?

https://sg.news.yahoo.com/asia-europe-summit-omits-mention-000000436.html

The whole world knows that PCA is not a real court now and will not support a spurious ruling against China. There cannot be 2 international courts in this world. If not, when a country is unhappy with the ruling in 1 international court, it can go to another international court. Supporting a spurious ruling will make a mockery of international laws and undermine the authority of international court.

Singapore stock calls for 18 July 2016


Saturday, July 16, 2016

USA is finding trouble with China again after its failed attempt at South China Sea issue.

http://www.scmp.com/business/global-economy/article/1990051/us-china-clash-over-market-economy-status-wto

ASEAN and EU know about the illegitimate status of PCA and the judgement and are silent about the South China Sea ruling.  Therefore, USA knows it has failed in its attempt and decides to attack China in WTO.

Baltic Dry Index - 745

Today, Friday, July 15 2016, the Baltic Dry Index climbed by 7 points, reaching 745 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US Rig Count - 447

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by seven this week to 447.
A year ago, 857 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 357 rigs sought oil and 89 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, New Mexico gained four rigs and Louisiana three. Colorado, Pennsylvania and Texas were up one each.
Alaska, North Dakota, Utah and West Virginia declined by one rig apiece.
Arkansas, California, Kansas, Ohio, Oklahoma and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Friday, July 15, 2016

ICJ has declared that it is not involved in South China Sea ruling.

http://www.icj-cij.org/homepage/index.php?p1=0Internet


Singapore stock calls for 15 July 2016


UN has publicly declared that PCA is not related to UN.

http://news.xinhuanet.com/english/2016-07/15/c_135515304.htm

USA can make a mockery of PCA because PCA is not part of UN.  USA dares not manipulate ICJ because UN won't allow anyone to undermine its credibility and reputation.  For example, USA sought UN's approval for Iraq invasion but UN disapproved it and US & UK invaded Iraq without UN's mandate.  This incident showed that UN would still protect its own credibility and reputation when any motion was illegal and inappropriate.

The truth about South China Sea ruling

Philippines has deceived the whole world intentionally and USA is the mastermind behind this farce.

Philippines filed the case under the instruction of USA in Permanent Court of Arbitration (PCA) and not in International Court of Justice (ICJ) because it could manipulate the outcome easily with USA as PCA is not a court and is not a UN agency.  Therefore, the outcome of PCA is not legal binding.

This is the reason why Singapore and Malaysia went to ICJ instead of PCA for Pedra Branca judgement because PCA is not a court and can be easily manipulated.


Explanation of PCA
https://en.wikipedia.org/wiki/Permanent_Court_of_Arbitration
https://www.youtube.com/watch?v=FnmFg7G0AT0

Tuesday, July 12, 2016

South China Sea ruling has created ramifications in ASEAN.

USA has succeeded in creating ramifications in ASEAN through the South China Sea ruling today.  ASEAN runs the risk of breaking up like EU because USA wants ASEAN to choose sides.

US Supporters : Singapore, Phillippines, Vietnam

China Supporters: Malaysia, Thailand, Cambodia, Laos, Myanmar, Brunei.

China has upped its operational readiness by one notch after the South China Sea ruling today and recall its reservists for standby.

South China Sea Judgement

http://www.rappler.com/nation/137202-philippines-china-ruling-case-west-philippine-sea?utm_source=line&utm_medium=ott

Singapore stock calls for 12 July 2016


Monday, July 11, 2016

Singapore stock calls for 11 July 2016


SMRT train saga exposes local media relevance.

https://sg.news.yahoo.com/comment-smrt-train-saga-exposes-cracks-in-013927667.html

China is building a port in malacca so that its ships will bypass Singapore.

http://en.people.cn/n3/2016/0705/c90000-9081726.html

China is building a port in malacca so that its ships will bypass Singapore.  As 70-80% of ships passing through straits of malacca come from China, this will badly affect Singapore port and our port volumes will decline significantly.  This is the price we have to pay for being too close with USA and giving USA the right to berth its naval ships and P8A spy plane in SG.

China also has a port and oil pipeline in Myanmar so that its imported crude oil can bypass straits of malacca which can be under the control of USA through SG during war time.

This one belt one road economic plan which consists of railway will help china to bypass SG port because it can download all goods in malacca and transport them to China by railway.

No wonder we have lost our world busiest port status and we will lose more in the future when malacca port is up and running.

Saturday, July 9, 2016

Baltic Dry Index - 703

Today, Friday, July 08 2016, the Baltic Dry Index climbed by 4 points, reaching 703 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US Rig Count - 440

HOUSTON — 
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440.
A year ago, 863 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 351 rigs sought oil and 88 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained three rigs, New Mexico and North Dakota each gained two and Louisiana, Oklahoma and Wyoming each gained one.
Kansas declined by one rig.
Alaska, Arkansas, California, Colorado, Ohio, Pennsylvania, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Chilcot report revealed the truth about Iraq war and Tony Blair apologised for Iraq invasion.

http://www.telegraph.co.uk/news/2016/07/06/chilcot-report-2003-iraq-war-was-unnecessary-and-invasion-was-no/

The 2.6m words in the chilcot report conducted by UK revealed that the Iraq war was started with flawed intelligence (fabricated by US).  The iraq invasion notion was rejected by UN but US still defied and went to attack Iraq with UK without UN approval.

The quality and quantity of this chilcot report were so much better than US's own report that its veracity couldn't be refuted and this led Tony Blair to apologise to the world.  However, USA still refused to provide any apology and insisted that it's right to attack Iraq.

USA is trying to create trouble in South China Sea now and it will fabricate intelligence again to achieve its own heinous and sinisterness goal.

Monday, July 4, 2016

China and Russia will be holding joint military exercise in South China Sea

http://english.chinamil.com.cn/news-channels/pla-daily-commentary/2016-07/01/content_7129735.htm

USA and Japan can conduct joint military exercise in South China Sea....So can China & Russia!

Tensions will be rising in South China Sea because of USA's involvement.  If we continue to support USA to meddle in South China Sea, we'll be asking for troubles because if war breaks out, ASEAN will suffer.  USA can just leave South China Sea after losing the war but we cannot.

Singapore stock calls for 4 July 2016


Saturday, July 2, 2016

Baltic Dry Index - 677

Today, Friday, July 01 2016, the Baltic Dry Index climbed by 17 points, reaching 677 points.


Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US Rig Count - 431

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 431.
A year ago, 862 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday 341 rigs sought oil and 89 explored this week for natural gas. One was listed as miscellaneous.
Among major oil- and gas-producing states, Texas and Oklahoma each gained four rigs, Colorado was up two and Louisiana one.
Alaska and New Mexico declined by two apiece.
Arkansas, California, Kansas, North Dakota, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
___
This story has been corrected to show 431 is rig total this week.