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6/21, 7:02 PM (Source: TeleTrader)
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US oil rig count up by 1 to 789 - Baker Hughes

The number of oil rigs in the United States increased by 1 to 789 in the week ending June 21 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

Meanwhile, the number of US gas rigs was lower by 4 during the same week, bringing the total number of rigs in the country to 967. On an annual basis, the number of US oil rigs decreased by 73.

In Canada, the total rig count was 119 as it rose by 12 from the previous week. The number of oil rigs in Canada rose by 11 to 80 and the number of gas rigs increased by 1 to 39. Year-on-year, the number of oil rigs in Canada was down by 23.

Breaking the News / FH