Oil Rig Count Dips as WTI Gains 2%

The total number of active drilling rigs for oil and gas in the United States saw no change week, according to new data that Baker Hughes published on Friday, after falling last week. The total rig count stayed at 585, according to Baker Hughes, down more than 6% from this same time last year. The number of oil rigs fell by 2 this week to 480—down by 24 compared to this time last year. The number of gas rigs rose by 2 this week to 101, a loss of 16 active gas rigs from this time last year. Miscellaneous rigs stayed the same at 4. Meanwhile,…