Oil Rig Count Slides Amid Oil Price Turbulence ...Middle East

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Oil Rig Count Slides Amid Oil Price Turbulence
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week. The total rig count in the US fell by 7 to 583 rigs, according to Baker Hughes, down 34 from this same time last year. The number of oil rigs fell by 9 to 480—down by 26 compared to this time last year. The number of gas rigs rose by 1 this week to 97 for a loss of 12 active gas rigs from this time last year. Miscellaneous rigs were rose by 1 to…

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