US oil rig count stable first time in 9 weeks

Mubasher: Baker Hughes announced on Friday that the US oil rig count did not rise for the first time in 9 weeks.

Oil rigs now total 406, compared to 269 in the same period last year.

Meanwhile, the number of gas rigs fell by 2 to 81, decreasing the total to 489.

Mubasher Contribution Time: 27-Aug-2016 17:06 (GMT)
Mubasher Last Update Time: 27-Aug-2016 17:06 (GMT)