KM Financial Solutions | U.S. drillers add the most oil rigs in a week since June -Baker Hughes
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U.S. drillers add the most oil rigs in a week since June -Baker Hughes

U.S. drillers add the most oil rigs in a week since June -Baker Hughes

Nov 10 (Reuters) – U.S. energy companies added the most oil
drilling rigs in week since June as crude prices traded up to
their highest levels since the summer of 2015.
Drillers added nine oil rigs in the week to Nov. 10,
bringing the total count up to 738, General Electric Co’s
Baker Hughes energy services firm said in its closely followed
report on Friday.
The rig count, an early indicator of future output, is still
much higher than a year ago when

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