Number of Oil Rigs in the USA Increased
The number of oil rigs in the USA has increased. The number of oil rigs in the country increased by 3 this week.
The outlook for the oil industry in the US and the number of
oil rigs, which are considered an indicator of short-term crude oil production, increased by 3 this week.
According to weekly data released by oilfield services company Baker Hughes, the number of oil rigs increased by 3 to 359 in the week of 22-28 May compared to the previous week.
Number of oil rigs in the USA has rose by 137 in the last year.
The barrel price of
Brent oil, which closed Thursday at $ 69.46, closed on Friday at $ 69.63.
The barrel price of West Texas (WTI) type crude oil closed on Friday at $ 66.32. WTI crude oil closed at $66.85 on Thursday.