The number of oil rigs in the U.S. decreased by 6 this week, from the previous week, according to data released by oilfield services company Baker Hughes on Friday.
The oil rig count, an indicator of future production, declined for a fifth week in a row and retreated to 770 for the week ending August 2, from 776 the week before, the data showed.
Following the data, international benchmark Brent crude closed Friday at $61.27 per barrel, marking a 1.27% increase over Thursday's closing price of $60.50.
American benchmark West Texas Intermediate (WTI) was up 2.37% on Friday, ending the day at $55.23 a barrel, after closing the previous day at $53.95 per barrel.
By Ebru Sengul