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6/28, 7:01 PM (Source: TeleTrader)
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US oil rig count up by 4 to 793 - Baker Hughes

The number of oil rigs in the United States increased by 4 to 793 in the week ending June 28 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

Meanwhile, the number of US gas rigs fell 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 65.

In Canada, the total rig count was 124, up by 5 from the previous week. The number of oil rigs in Canada rose by 4 to 84 and the number of gas rigs increased by 1 to 40. Year-on-year, the number of oil rigs in Canada was down by 33.

Breaking the News / NP