U.S. oil rig count highest in two years
Drillers brought 11 oil rigs back online, Baker Hughes said, taking the total number of operational rigs to 683.
That is the highest level since the week ended April 24, 2015, when they stood at 703.
The total active U.S. rig count, which includes oil and natural-gas rigs, also climbed by 8 to 847. ■