12/3/2021, 7:01 PM (Source: TeleTrader)
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Number of US oil rigs unchanged at 467 - Baker Hughes

The number of oil rigs in the United States remained unchanged at 467 in the week ending December 3 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

The number of US gas rigs also 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 221.

In Canada, the number of rigs climbed by 9 to 180. The number of oil rigs in Canada increased by 7 to 113, while the number of gas rigs rose by 2 to 67. Canada's oil rig count was up by 73 compared to the same period in 2020.

Baha Breaking the News (BBN) / NP