KM Financial Solutions | U.S. drillers add oil rigs for 6th consecutive week -Baker Hughes
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U.S. drillers add oil rigs for 6th consecutive week -Baker Hughes

U.S. drillers add oil rigs for 6th consecutive week -Baker Hughes

March 2 (Reuters) – U.S. energy companies added oil rigs for
a sixth week in a row as crude prices hovered near three-year
highs, prompting more drillers to boost their spending plans for
2018.
Drillers added 1 oil rig in the week to March 2, bringing
the total count to 800, the highest level since April 2015,
General Electric Co’s Baker Hughes energy services firm
said in its closely followed report on Friday.
That was the first time since June that dri

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