US oil rig count up for week ending May 8

- Number of US oil rigs fall by 57 compared to one year ago

home > Oil 09.05.2026 11:14

US oil rig count up for week ending May 8

The oil rig count in the US increased by 2 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 2 to 410 for the week ending May 8.

The number of US oil rigs decreased by 57 compared to one year ago.

The price of international benchmark Brent crude futures stood at $101.29 per barrel at Thursday's trading close, while American benchmark West Texas Intermediate (WTI) was at $95.42 a barrel.

By Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr

© Anadolu Agency
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