Home / Market Update / Commodities / US Oil Rigs Decline in Week

US Oil Rigs Decline in Week

Data by Baker Hughes showed on Friday that active oil rigs in the United States declined by one rig to a total of 180 last week.

Meanwhile, total active oil and gas drilling rigs decreased by two rigs to 254.

Check Also

XAU/USD Edges Higher Despite Mixed US Jobs Data As FOMC Minutes Hint at Slowing Rate Cuts

Gold prices climbed during the North American session, buoyed by a slightly hawkish tone in …