US EditionU.S. Oil and Gas Rig Count Rises for First Time in Four Weeks, Baker Hughes Reports - Kindersley Social - Local Update, Sports, Events and more
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U.S. Oil and Gas Rig Count Rises for First Time in Four Weeks, Baker Hughes Reports - Kindersley Social - Local Update, Sports, Events and more
U.S. energy companies added oil and natural gas rigs this week for the first time in a month, according to Baker Hughes’ closely watched report released Thursday. The rig count, considered a key indicator of future output, increased by two to 585 in the week ending April 17. The report was published a day early due to the Good Friday holiday. Despite the weekly uptick, the total rig count remains 34 rigs—or 5%—below the same period last year, Ba…
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