KM Financial Solutions | UPDATE 1-U.S. drillers add most oil rigs in a week since March -Baker Hughes
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UPDATE 1-U.S. drillers add most oil rigs in a week since March -Baker Hughes

UPDATE 1-U.S. drillers add most oil rigs in a week since March -Baker Hughes

(Adds Permian oil rig additions)
Jan 26 (Reuters) – U.S. energy companies added 12 oil rigs
this week, the biggest weekly increase since March, as crude
prices hovered near their highest levels since 2014, prompting
drillers to return to the well pad.
Drillers boosted the oil rig count to 759 in the week to
Jan. 26, the highest level since September, General Electric
Co’s Baker Hughes energy services firm said in its
closely followed report on Friday.

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