Increase in the Number of Oil Rigs in the USA
There was an increase in the number of oil drilling rigs in the USA. The number of oil rigs in the country increased by 2.
According to weekly data released by oilfield services company
Baker Hughes, the number of oil rigs in the US rose by 2 this week, thus increasing to 387.
The number of oil rigs, which is considered as an indicator for the outlook of the oil industry and short-term crude oil production in the USA, increased by 2 this week.
The number of oil rigs in the country has increased by 211 during the last year.
The barrel price of
Brent oil, which closed Thursday at $ 71.29, closed Friday at $ 70.70.
The barrel price of West Texas (WTI) type crude oil closed at $68.28 on Friday. WTI crude oil closed at $69.09 on Thursday.