U.S. Oil And Gas Rig Count In Biggest Monthly Rise Since November 2022

(Photo: Ken Cedeno) A leading energy industry report has revealed a steadily climbing number of oil and gas rigs in the U.S., offering a harbinger of improved near-term oil and gas production stateside. A breakdown of published data indicated that oil rigs rose by five to 482 last week, while the number of gas rigs fell by two to 101, pointing to a net rise of three rigs. It also marked the second consecutive weekly rise taking the country's monthly rise to its highest level since November 2022. However, aw ...