Oil & Gas - Energy - Commodities - Resources (OILBRENT): Baker Hughes data show U.S. oil-rig coun...

Oil & Gas - Energy - Commodities - Resources (OILBRENT)

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Friday, 01/18/2019 4:12:30 PM

Friday, January 18, 2019 4:12:30 PM

Baker Hughes data show U.S. oil-rig count down 21 for the week
By: MarketWatch | January 18, 2019

Baker Hughes BHGE, +2.07% on Friday reported that the number of active U.S. rigs drilling for oil dropped by 21 to 852 this week. That marked a third straight weekly decline. The total active U.S. rig count also declined by 25 to 1,050, according to Baker Hughes. February West Texas Intermediate crude CLG9, +3.00% was up $1.64, or 3.2%, at $53.71 a barrel from Thursday's finish. It was trading at $53.59 before the rig data.

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