North American oil and gas rig count falls to record lows
Topics: AMERICA OIL
The U.S. rig coun fell by 21 to a record low 318 in the week to May 22, according to Baker Hughes.
That was a third consecutive week of record lows for the U.S. rig count.
In Canada, the count fell to 21 from last week’s record low of 23 rigs, according to Baker Hughes. ■