US Oil Rigs Buck Downtrend With Big Gain: Baker Hughes

摘要

The US oil rig count rebounded from its recent losses in a big way last week, according to data from oil-field services provider Baker Hughes, although the large weekly gain appears unlikely to be the start of a trend. Baker Hughes’ data show that the number of active drilling rigs targeting oil in the US increased by 14 in the week ended Jan. 17, pulling the US oil rig count up from a nearly three-year low to a total of 673.