Oil Prices Slip Amid Falling U.S. Rig Count

The number of active oil and gas rigs in the United States
rose this week by 1 rig. Baker Hughes Rig Count last week was
largely unchanged as well, with data for 47 counties South Texas
largely unavailable last week due to the Hurricane, according to
BH. The total oil and gas rig count in the United States, two weeks
post-Harvey, now stands at 944 rigs, up 436 rigs from the year
prior, with the number of oil rigs in the United States decreasing
by 3 this week and the number of gas rigs increasing by 4. Oil rigs
in the United States now number 756—342…

The number of active oil and gas rigs in the United States
rose this week by 1 rig. Baker Hughes Rig Count last week was
largely unchanged as well, with data for 47 counties South Texas
largely unavailable last week due to the Hurricane, according to
BH. The total oil and gas rig count in the United States, two weeks
post-Harvey, now stands at 944 rigs, up 436 rigs from the year
prior, with the number of oil rigs in the United States decreasing
by 3 this week and the number of gas rigs increasing by 4. Oil rigs
in the United States now number 756—342…