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U.S. oil drillers cut rigs to lowest in more than two years

Christian Fernsby ▼ | September 20, 2019
U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row to the lowest since May 2017.
oil drillers
America   Oil drillers
Drillers cut 14 oil rigs in the week to Sept. 20, bringing the total count down to 719, General Electric’s Baker Hughes saidy.

Topics: Oil rig count

In the same week a year ago, there were 866 active rigs.


 

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