US oil rig count rises by 5 to 505 this week
The number of oil rigs in the US rose by 5 this week to reach 505.
12punto
Weekly data from oilfield services company Baker Hughes has been released.
According to the data, the number of oil rigs in the country increased by 5 compared to the previous week during the week of November 25 – December 1, reaching 505.
The number of oil rigs in the US has decreased by 122 over the last year.
The price of a barrel of Brent crude, which closed Thursday at 80.86 dollars, finished Friday at the 79.56 dollar level.
The price of a barrel of West Texas Intermediate (WTI) crude oil closed at 74.38 dollars on Friday. A barrel of WTI crude had finished Thursday at the 75.96 dollar level.