10/12/2018, 7:05 PM (Source:
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US oil rig count rises by 8 to 869 - Baker Hughes

The number of oil rigs in the United States increased by 8 to 869 in the week October 12 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

The number of gas rigs in the US rose by 4 to 193 during the same week, bringing the total number of rigs in the country to 1,063. On an annual basis, the oil rig count was up 135.

In Canada, the total rig count was up by 13, with the number of oil rigs increasing by 8 to 127 and gas rigs rising by 5 to 68. Compared to the previous year, the number of oil rigs in Canada was down by 17.

Breaking the News / VK