US and Canadian Oil Rig Counts Rise as Crude Prices Climb
Baker Hughes data showed the U.S. oil rig count increased by one this week, its seventh rise in the past eight weeks. The Canadian count also rose.
Oil rigs operating in the United States and Canada increased this week, according to data released Friday by oilfield services firm Baker Hughes. The U.S. count rose for the seventh time in the past eight weeks, adding one rig during the week to…