1/28, 7:06 PM (Source: TeleTrader)
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US oil rig count up by 4 to 495 - Baker Hughes

The number of oil rigs in the United States grew by 4 to 495 in the week ending January 28 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

The number of US gas rigs rose by 2 to 115 during the same week to bring the total number of rigs in the country to 610. Compared to the same period a year earlier, the number of oil rigs was up by 226.

In Canada, the number of rigs increased by 5 to 217. The number of oil rigs in Canada grew by 1 to 135, while the number of gas rigs improved by 4 to 82. Canada's oil rig count was up by 37 compared to the same period in 2020.

Baha Breaking News (BBN) / JG