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US Oil Drillers Add Even More Rigs As Oil Prices Stay Higher

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to…

  • US oil drilling rigs increased to 593, a 54 rise from last year
  • Oil rigs rose to 455, a 43 increase compared to the same time last year
  • U.S. crude oil production averaged 13.805 million bpd in the week ending August 7