U.S. oil-rig count from Baker Hughes edges up for a third straight week - MarketWatch

Baker Hughes BKR, -0.63% on Friday reported that the number of active U.S. rigs drilling for oil rose by one to 679 this week. That followed modest increases in each of the last two weeks. The total active U.S. rig count, meanwhile, also climbed by 1 to 791, according to Baker Hughes. Oil prices continued their decline, with April West Texas Intermediate crude CLJ20, -0.78% down 36 cents, or 0.7%, at $53.52 a barrel. It was trading at $53.45 before the rig data.

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February 22, 2020 at 01:12AM
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U.S. oil-rig count from Baker Hughes edges up for a third straight week - MarketWatch
"oil" - Google News
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