U.S. oil rig count rises for 7th straight weekStaff Writer |
Oil exploration The gas rig count rose by 11 to 105
The U.S. oil rig count rose by 4 to 432 this week, according to oilfield-services giant Baker Hughes.
Last week, the U.S. oil rig count rose by three to 428, while the gas rig count fell by two to 94.
Oil prices have ticked up slightly over the last couple of weeks to around $50 a barrel. ■
What to read next