#stayhome Maintain the distance, wash your hands, and follow instructions from the health authorities.
RSS   Newsletter   Contact   Advertise with us

U.S. companies cut oil rigs for first week in three

Share on Twitter Share on LinkedIn
Christian Fernsby ▼ | January 31, 2020
U.S. energy firms reduced the number of oil rigs operating for the first time in three weeks.
Oil field
Energy in the U.S.   Oil field
Drillers cut one oil rig in the week to Jan. 31, bringing the total count down to 675, Baker Hughes said.

Topics: U.S. oil rig

In the same week a year ago, there were 847 active rigs.

In January, the rig count declined for the 13th time in the past 14 months following an increase in December.


 

MORE INSIDE POST