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

NFP Preview: US Labor Market Faces Crucial Test as Fed Weighs Next Move

Markets are turning their attention to Thursday’s US nonfarm payrolls (NFP) report, a release that …