KM Financial Solutions | U.S. drillers add oil rigs for second consecutive week -Baker Hughes
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U.S. drillers add oil rigs for second consecutive week -Baker Hughes

U.S. drillers add oil rigs for second consecutive week -Baker Hughes

Feb 2 (Reuters) – U.S. energy companies added oil rigs for a
second week in a row as crude prices hovered near their highest
levels since 2014, prompting drillers to return to the well pad.
Drillers added 6 oil rigs in the week to Feb. 2, bringing
the total count up to 765, the highest level since August 2017,
General Electric Co’s Baker Hughes energy services firm
said in its closely followed report on Friday.
The U.S. rig count, an early indicator of

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