U.S. drillers add oil and gas rigs for second month in a row – Baker Hughes

The oil and gas rig count, an early indicator of future output, rose two to 784 in the shortened week to Nov. 23, its highest since March 2020, energy services firm Baker Hughes Co said in its closely followed report on Wednesday.

Baker Hughes issued the weekly rig report two days ahead of schedule due to the U.S. Thanksgiving Day holiday.

U.S. oil rigs rose four to 627 this week, their highest since March 2020

U.S. drillers add oil and gas rigs for second month in a row – Baker Hughes