Skip to main content

Baker Hughes

on Friday reported that the number of active U.S. rigs drilling for oil rose by two to 604 this week. That followed increases in each of the past two weeks. The total active U.S. rig count, which includes those drilling for natural gas, climbed by one to 765, according to Baker Hughes. Oil prices continued to trade lower, with November West Texas Intermediate crude

down $1.30, or 1.6%, at $79.93 a barrel on the New York Mercantile Exchange.

Read the original article

Leave a Reply