Home / Market Update / Commodities / U.S. Oil Rigs Rise by Seven This Week

U.S. Oil Rigs Rise by Seven This Week

The number of active rigs drilling for crude oil in the United States increased by seven to reach a total count of 344 this week, according to data by Baker Hughes reported on Friday.

With natural gas rigs unchanged, the total rig count went up by seven rigs to 439.

Check Also

Earnings Surge Fuels Robust Recovery in US Stocks

U.S. stock markets kicked off trading on Friday with a strong upward trajectory, propelled by …