Baker Hughes reports U.S. rig count up 9 from last week to 296
Baker Hughes (BKR) reports the U.S. rig count is up nine from last week to 296 with oil rigs up 10 to 221, gas rigs down one to 72, and miscellaneous rigs unchanged at three.
U.S. Rig Count is down 526 rigs from last year’s count of 822, with oil rigs down 470, gas rigs down 58 and miscellaneous rigs up two.
The U.S. offshore rig count is unchanged at 13, down nine year-over-year.
The Canada rig count is up three from last week to 86, with oil rigs down two to 40, gas rigs up five to 46.
Canada rig count is down 56 rigs from last year’s count of 142, with oil rigs down 53, gas rigs down three.
Brent crude is down $0.37 to $37.89 per barrel. West Texas Intermediate (WTI) crude is down $0.40 to $35.77 per barrel.
Gasoline last traded at $1.03 per gallon.
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