Rising number of rigs fails to slow rise in oil prices – OilPrice.com

Rising number of rigs fails to slow rise in oil prices – OilPrice.com

Baker Hughes reported on Wednesday that the number of oil rigs in the United States rose by 10 to 241, resuming its rise after a week-long drop last week. The total number of active oil and gas rigs increased by 10 for the week, with oil rigs increasing by 10 and gas rigs by 1. […]

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