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10/30, 6:05 PM (Source: TeleTrader)
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Baker Hughes: US oil rig count up by 10 to 221

The number of oil rigs in the United States increased by 10 to 221 in the week ending October 30, Baker Hughes' weekly rig count showed on Friday.

Meanwhile, the number of US gas rigs fell by 1 to 72 during the same week to bring the total number of rigs in the country to 296 with 3 miscellaneous rigs. Compared to the same period a year earlier, the number of oil rigs is down by 475.

Breaking the News / MD