11/24/2021, 7:12 PM (Source: TeleTrader)
more TeleTrader news

US adds 6 oil rigs - Baker Hughes

The number of oil rigs in the United States increased by 6 to 467 in the week ending November 24 compared to the previous week, according to the Baker Hughes weekly rig count released on Wednesday.

Meanwhile, the number of US gas rigs remained unchanged at 102 during the same week to bring the total number of rigs in the country to 569. Compared to the same period a year earlier, the number of oil rigs was up by 226.

In Canada, the number of rigs climbed by 4 to 171. The number of oil rigs in Canada increased by 4 to 106, while the number of gas rigs remained unchanged at 65. Canada's oil rig count was up by 68 compared to the same period in 2020.

Baha Breaking the News (BBN) / NP