North American rig count falls to record low againChristian Fernsby ▼ | June 26, 2020
U.S. and Canadian energy firms cut the number of oil and natural gas rigs operating to a record low again this week.
Baker Hughes Oil rig
Topics: Rig count
That was 702 rigs, or 73%, below this time last year, and was the eighth week in a row the U.S. count set a fresh record low.
In June, the total U.S. rig count fell by 36, putting it down for a fourth month in a row. ■