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 sixth week in a row and retreated to 764 for the week ending August 9, from 770 the week before, the data showed.
Following the data, international benchmark Brent crude closed Friday at $58.29 per barrel, marking a 1.58% increase over Thursday's closing price of $57.38.
American benchmark West Texas Intermediate (WTI) was up 3.19% on Friday, ending the day at $54.22 a barrel, after closing the previous day at $52.54 per barrel.
By Firdevs Yuksel