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Reuters

Reuters

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Business & Economics

US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says

Reuters
Summary
Nutrition label

82% Informative

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022 .

The oil and gas rig count rose by one to 593 in the week to February 28 , its highest since June .

Despite this week 's rig increase, the total count was still down 36 rigs, or 6% below this time last year .

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94

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99

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92

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formal

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English

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34

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not hateful

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short-lived

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