Baker Hughes data show U.S. oil-rig count down 15 for the week
Baker Hughes BHGE, +3.98% on Friday reported that the number of active U.S. rigs drilling for oil fell by 15 to 847 this week. That followed an increase of 10 in the oil-rig count a week earlier. The total active U.S. rig count also declined by 14 to 1,045, according to Baker Hughes. March West Texas Intermediate crude CLH9, +2.68% was up $1.43, or 2.7%, at $55.22 a barrel from Thursday’s finish. It was trading at $54.97 before the rig data Friday.
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