Baker Hughes: U.S. Drillers Add Oil Rigs For Fourth Week in a Row

The number of active US oil rigs decreased by 4 to 193this week, according to data by Baker Hughes.

 The total active U.S. rig count, meanwhile, was up 3 to 269, according to Baker Hughes.

This week’s rig count was 587 rigs, or 69%, below this time last year.

U.S. oil rigs rose four to 193 this week, their highest since early June, while gas rigs fell one to 73, according to Baker Hughes data.