U.S. energy companies cut three oil rigs in the week ending July 25, bringing the total count to 776, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
US oil & gas rigs |
|||||
Rigs |
A year ago |
Previous week |
Week ending July 25 |
Week-on-week change |
YoY |
Oil |
861 |
779 |
776 |
(3) |
(85) |
Gas |
186 |
174 |
169 |
(5) |
(17) |
Oil & Gas |
1047 |
953 |
945 |
(8) |
(102) |
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