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9/30, 7:02 PM (Source: TeleTrader)
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US oil rig count up by 2 to 604 - Baker Hughes

The number of oil rigs in the United States increased by 2 to 604 in the week ending September 30 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

The number of US gas rigs fell by 1 to 159 during the same week bringing the total number of rigs in the country to 765. Compared to the same period a year earlier, the number of oil rigs was up by 176.

In Canada, the number of rigs declined by 2 to 213 as the number of oil rigs decreased by 4 to 144, and the number of gas rigs climbed by 2 to 69. Canada's oil rig count was up by 47 compared to the same period in 2021.

Baha Breaking News (BBN) / NP