(Yahoo Finance) In the week ended January 13, 2017, the number of rigs drilling for oil in the United States totaled 522, down by seven compared with the prior week and up seven compared with a total of 515 a year ago. Including 136 other rigs drilling for natural gas and one rig listed as “miscellaneous,” there are a total of 659 working rigs in the country, down by six week over week and up by nine from a year ago. The data come from the latest Baker Hughes North American Rotary Rig Count released on Friday.
Oil Rig Count Slips, Hedge Funds Maintain Long Positions
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