The number of oil rigs in the U.S. decreased this week, Baker Hughes data showed on Friday.
American oil industry took three oil rigs offline during Sept. 4-8 period, according to the oilfield services company.
This brought the total oil rig count in the country to 756, while oil rigs in the country decreased three times in the past four weeks.
Number of rigs in the U.S. provides an indication of the oil sector's well-being in the country, and signals possible short-term production cuts and increases.
Crude oil production in the U.S. also decreased sharply for the week ending Sept. 1, according to the country's Energy Information Administration (EIA) on Thursday.
Oil output fell by 749,000 barrels per day (bpd) to 8.78 million bpd. This was the first decline in the country's oil production after output had risen for three consecutive weeks.
Decline in crude production and oil rig count is due to Hurricane Harvey last month, during which most oil rigs were taken offline and production halted in the state of Texas and Gulf of Mexico region.
Despite the decline in oil rig count, crude prices decreased on Friday.
Shortly after the release of Baker Hughes data, International benchmark Brent crude fell to $53.65 a barrel, while American benchmark West Texas Intermediate traded at $47.39 per barrel.
By Ovunc Kutlu in New York