oil rig canada
According to driller Baker Hughes, US oil rig count rose by 11 this week, making it 341 in total. It’s the biggest increase since December 2015.

Oil prices are rising, and it encourages some producers to ramp up their production. In return, we see the tally rising for four out of the last five weeks.

The gas rig count was down this week by 1, to 89, and miscellaneous rigs stayed unchanged at 1, making the total rising up by 10, to 431.