Oil rig count falls first time in nearly 3 monthsStaff Writer | January 13, 2017
The U.S. oil rig count fell this week for the first time in 11 weeks, according to Baker Hughes.
Oil exploration The tally of oil rigs rose last week
The additional miscellaneous rig put the combined count at 659, down by six on net.
The tally of oil rigs rose last week to the highest level in one year, as demand for oilfield-services equipment increased with oil prices. ■