Baker Hughes (BKR) reports that the U.S. rig count is down 1 from last week to 583, with oil rigs up 1 to 479, gas rigs down 2 to 99 and miscellaneous rigs unchanged at 5. The U.S. rig count is down 42 rigs from last year’s count of 625, with oil rigs down 26, gas rigs down 17 and miscellaneous rigs up 1. The U.S. offshore rig count is down 1 to 13, down 8 year-over-year.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKR: