The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data published by Baker Hughes, bringing the total rig count in the US to 588, up 48 from this same time last year.
The number of active oil rigs rose by 1, reaching 451 during the latest reporting period, which is 41 above the same time last year. The number of gas rigs stayed the same at 127.
Latest EIA data showed that weekly U.S. crude oil production fell slightly, averaging 13.796 million bpd during the reporting period.
WTI crude oil prices rose to $84.67.
