Oil Prices Rise Amid Falling U.S. Rig Count

The number of active oil and gas rigs in the United States
fell this week by 6 rigs. Combined, the total oil and gas rig count
in the US now stands at 940 rigs, up 451 rigs from the year prior,
with the number of oil rigs in the United States decreasing by 4
and the number of gas rigs decreasing by 2. Oil rigs in the United
States now number 759—353 rigs above this time last year. Canada
lost 6 oil rigs again this week, with the number of gas rigs
increasing by 9—bringing Canada’s total to 217 oil and gas rigs—71
above the…

The number of active oil and gas rigs in the United States
fell this week by 6 rigs. Combined, the total oil and gas rig count
in the US now stands at 940 rigs, up 451 rigs from the year prior,
with the number of oil rigs in the United States decreasing by 4
and the number of gas rigs decreasing by 2. Oil rigs in the United
States now number 759—353 rigs above this time last year. Canada
lost 6 oil rigs again this week, with the number of gas rigs
increasing by 9—bringing Canada’s total to 217 oil and gas rigs—71
above the…