Number of oil and gas rigs in United States holds record high – Baker Hughes – Reuters
July 31 (Reuters) – U.S. energy companies kept the number of oil and gas rigs at an all-time high, as the number of rigs fell for a fifth consecutive month, although July marked the smallest monthly decline due to a price recovery.
The number of rigs, an early indicator of future production, stabilized at an all-time low of 251 in the week of July 31, according to Friday data from energy…