Friday, January 6, 2017

U.S. drillers add oil rigs for 10th week in a row -Baker Hughes

Jan 6 (Reuters) - U.S. energy companies this week added oil

rigs for a tenth week in a row, extending the drilling recovery

into an eighth month as crude prices remained near an 18-month

high.

Drillers added four oil rigs in the week to Jan. 6, bringing

the total count up to 529, the most since December 2015, energy

services firm Baker Hughes Inc said on Friday.

That was the first time the current rig count topped the

year ago level since January 2015. A year ago,

Read more

No comments:

Post a Comment