{"id":62741,"date":"2022-03-26T00:54:30","date_gmt":"2022-03-25T20:54:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=62741"},"modified":"2022-03-26T03:19:05","modified_gmt":"2022-03-25T23:19:05","slug":"baker-hughes-weekly-us-oil-drilling-rig-count-climbs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/baker-hughes-weekly-us-oil-drilling-rig-count-climbs\/03\/26\/market-updates\/","title":{"rendered":"Baker Hughes: Weekly US Oil-Drilling Rig Count Climbs"},"content":{"rendered":"\n<p>Baker Hughes on Friday reported that the number of active US rigs drilling for oil was up by seven to 531 this week. That followed a decline of three oil rigs the week before, Baker Hughes data show. <br><br>The total active US rig count, which includes those drilling for natural gas, also climbed by seven at 670, according to Baker Hughes. <br><br>Oil prices continued to edge higher in Friday dealings, as reports of an attack on a Saudi oil facility fed supply concerns. May West Texas Intermediate crude was up $1.14, or 1%, at $113.48 a barrel on the New York Mercantile Exchange.<br><br>Bank of America&#8217;s commodities team has forecast 900K bbl\/day of lower-48 supply additions on 100 horizontal rig additions throughout 2022; the oil rig count is now up 41 in the first 11 weeks of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baker Hughes on Friday reported that the number of active US rigs drilling for oil was up by seven to 531 this week. That followed a decline of three oil rigs the week before, Baker Hughes data show. The total active US rig count, which includes those drilling for natural gas, also climbed by seven &hellip;<\/p>\n","protected":false},"author":13,"featured_media":60584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[7804,6936,8421,9419],"class_list":["post-62741","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-baker-hughes","tag-oil-prices","tag-oil-supply","tag-us-rig-count"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62741"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62741\/revisions"}],"predecessor-version":[{"id":62752,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62741\/revisions\/62752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/60584"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}