Tag Archives: US Rigs

Oil Rig Count Sees First Increase in Two Weeks; Texas is Flat

The number of U.S. rigs drilling for oil saw its first increase in three weeks, Baker Hughes said Friday in its weekly report. U.S. crude oil was on track to post its second straight weekly gain Friday, largely on concerns about an expected decline in supply from Iran due to U.S. sanctions and Venezuela’s declining […]

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