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U.S. drillers add oil rigs for 12th week in 13 -Baker Hughes

Jan 27 (Reuters) - U.S. energy companies this week added oil rigs for a 12th week in the last 13, extending an eight-month recovery as drillers take advantage of a deal by OPEC to cut production that has kept crude prices over $50 a barrel since early December. Drillers added 15 oil rigs in the week to Jan. 27, bringing the total count to 566, the most since November 2015, energy services firm Baker Hughes Inc said on Friday. During the same week a year ago, there [Source]

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Origin: reuters.com

Category: rbssEnergyNews

Topics: added, Hughes, drillers, there, During, Baker, energy services, November, since, count, total, bringing the, Drillers, December, since early, barrel, prices, crude, cut production, advantage, eight-month recovery, extending, oil rigs, companies, energy, (Reuters), -Baker

Source: http://feeds.reuters.com/~r/reuters/USenergyNews/~3/H0q-P23hzmM/usa-rigs-baker-hughes-idUSL1N1FF0RL