Rig Count

Rig Count – August 5, 2016

Crude futures pared losses Friday but ended lower after data showed the number of U.S. oil rigs rose for a sixth straight week. (WTI) crude futures settled 13 cents lower, or 0.31 percent, at $41.80 a barrel.The number of active U.S. oil rigs rose to 381 this week from 374. Compared with a year ago, the number of rigs remains down by 289

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