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U.S. drillers add oil rigs for first week in seven

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Christian Fernsby ▼ | April 5, 2019
U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks.
Oil rig count
America   Companies added 15 oil rigs in the week to April 5
Companies added 15 oil rigs in the week to April 5, the biggest increase since May, bringing the total count to 831, General Electric’s Baker Hughes said.

The rig count fell to its lowest since April 2018 in the previous week.

The U.S. rig count, an early indicator of future output, is higher than a year ago when 808 rigs were active.


 

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