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6/17, 7:02 PM (Source: TeleTrader)
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Oil rig count in US up by 4 to 584 - Baker Hughes

The number of oil rigs in the United States rose by 4 to 584 in the week ending June 17 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

The number of US gas rigs rose by 3 to a total of 154, while the total number of rigs in the country reached 740. Compared to the same period a year earlier, the number of oil rigs increased by 270.

In Canada, the number of rigs grew by 28 to 151. The number of oil rigs in the country added by 22, while gas rigs were up by 2. Canada's oil rig count increased by 35 compared to the same period in 2021.

Baha Breaking News (BBN) / TB