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U.S. Rig Count Holds Steady as Oil Prices Surge
In simple terms
The total number of active drilling rigs for oil and gas in the United States remained unchanged for the second week in a row this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 603, up 53 from this same time last year.
The News
The U.S. active oil and gas rig count remained at 603 for a second consecutive week, according to Baker Hughes data published Friday. The level is 53 rigs above the same week a year earlier. The article’s headline also says oil prices surged, though the body does not provide price data or explain…
Earlier coverage
Earlier coverage on GreyNews
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