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U.S. companies add most oil rigs in week since February 2018

Christian Fernsby ▼ | December 20, 2019
U.S. energy firms added the most oil rigs this week since February 2018, even though producers have been reducing spending on new drilling.
Oil field
Oil industry   Oil field
Companies added 18 oil rigs in the week to Dec. 20, bringing the total count to 685, the most since early November, Baker said.

Topics: U.S. oil rig

In the same week a year ago, there were 883 active rigs.