U.S. drillers add oil and gas rigs for ninth week in a row -Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row to the highest since May, as producers return to the wellpad with crude prices mostly trading over $40 a barrel since mid June.
The oil and gas rig count, an early indicator of future output, rose 12 to 312 in the week to Nov. 13, energy services firm Baker Hughes Co said in its closely followed report on Friday. RIG-USA-BHIRIG-OL-USA-BHIRIG-GS-USA-BHI
That was 494 rigs, or
U.S. drillers add oil and gas rigs for ninth week in a row -Baker Hughes