US oil rig count falls after weeks of increases

摘要

Houston-The US oil rig count fell by seven to 330 on Friday after increasing for the past three weeks, although activity rose in two of the largest domestic plays. By contrast, 628 oil rigs were working in domestic plays the same week in 2015, for a drop of 47% year on year, Baker Hughes said in its weekly North American rig count tally. In any case, the oil rig count still remains above the downcycle bottom of 316 a month ago.