U.S. oil rig count highest in two yearsStaff Writer | April 13, 2017
The number of active oil rigs in the US hit its highest level since April 2015 after U.S. drillers added rigs for the 13th straight week.
Oil exploration The highest level since the week ended April 24, 2015
That is the highest level since the week ended April 24, 2015, when they stood at 703.
The total active U.S. rig count, which includes oil and natural-gas rigs, also climbed by 8 to 847. ■