US oil rig count rises by six for week ending Oct. 2

- Number of oil rigs in US declined by a total of 521 from year ago

home > Oil, Americas 03.10.2020 10:25 Ebru Şengül

The oil rig count in the US increased this week, according to the latest data released by oilfield services company Baker Hughes on Friday.

The number of oil rigs, an indicator of short-term production in the country, rose by six to 189 for the week ending Oct. 2, from 183 the previous week.

With that result, the number of oil rigs in the US declined by a total of 521 from a year ago.

At Friday's close, price of international benchmark Brent crude stood at $39.27 per barrel, while American benchmark West Texas Intermediate (WTI) was at $37.05 a barrel.

By Ebru Sengul Cevrioglu

Anadolu Agency

energy@aa.com.tr

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