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U.S. rig count rises for record 20th week in a row

Published 06/02/2017, 01:13 PM
Updated 06/02/2017, 01:13 PM
© Reuters.  U.S. rig count rises for record 20th week in a row
  • The total U.S. rig count rises by 8 to 916, adding rigs for a record 20th consecutive week, according to the latest Baker Hughes weekly survey.
  • Oil rigs added 11 to 733, also a 20th straight increase, while gas rigs fell by 3 to 182 and one rig is labeled miscellaneous; a year ago at this time, there were 325 active U.S. oil rigs and 82 gas rigs.
  • ETFs: USO, UNG, OIL, UGAZ, UCO, DGAZ, SCO, BNO, BOIL, DBO, GAZ, DTO, USL, KOLD, UNL, DNO, OLO, SZO, DCNG, OLEM
  • Now read: Crude Oil Pushes Higher


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