U.S. oil rig count increases to nearly two-year highStaff Writer | April 21, 2017
The U.S. oil-rig count rose by five to 688, according to oilfield-services provider Baker Hughes.
Oil exploration Gas rigs rose by five to 167
Gas rigs rose by five to 167 and miscellaneous rigs remained unchanged at two, leaving the total rotary rig count at 857.
The oil rig count was at its highest level since the week ending April 24, 2015. ■