ADVERTISEMENT

ENERGY

US oil rig count up for week ending Sep. 8

The oil rig count in the US increased 1 this week, according to the latest data released by oilfield services company Baker Hughes on Friday.

The number of oil rigs, an indicator of short-term production in the country, rose to 513 for the week ending Sept. 8

The number of US oil rigs declined by 78 compared to one year ago.

The price of international benchmark Brent crude stood at $90.65 per barrel at Friday’s trading close, while American benchmark West Texas Intermediate (WTI) was at $87.51 a barrel.

  • We use cookies on our website to give you a better experience, improve performance, and for analytics. For more information, please see our Cookie Policy By clicking “Accept” you agree to our use of cookies.

    Read More