Commodities Buzz: US Rig Count Continues To Gain

The number of oil and gas rigs in the United States is up 5 for the last week, according to Baker Hughes, with the total rig count at 484, up 231 from the same time last year. This marked the third consecutive increase for the weekly rig count. The US oil rig count rose by 2 to 380 while the number of gas rigs increased by 3 to 104. The number of miscellaneous rigs stayed the same. Canadas overall rig count jumped by 13. Oil and gas rigs in Canada now sit at 150 active rigs, up 118 on the year.

Powered by Commodity Insights

Related Story

Related Tags: