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9/17, 7:02 PM (Source: TeleTrader)
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Rig count in US rises by 10 to 411 - Baker Hughes

The number of oil rigs in the United States in the week ending September 17 came in at 411, ten higher compared to the week before, Baker Hughes weekly rig count data revealed on Friday.

The data showed that the number of US gas rigs slid by one to land at 100 during the same week to bring the overall number of rigs operating in the country to 512. In comparison to the corresponding period a year earlier, the number of oil rigs was up by 257.

In Canada, the rig count was up by 11 to a total of 154. There were eight more oil rigs compared to the previous week, with the tally now standing at 95. The number of Canadian oil rigs advanced by 90 on an annual level.

Breaking the News / LH