Increase in the Number of Oil Drilling Rigs in the US
The number of oil drilling rigs in the US increased by 1 this week. Weekly data from the oilfield services company Baker Hughes was released. Accordingly, the number of oil drilling rigs in the country rose by 1 to 480 from January 31 to February 7, compared to the previous week. However, the number of oil drilling rigs in the US decreased by 19 in the past year. The barrel price of Brent crude oil closed Thursday at $74.29 and ended Friday at $74.66. Meanwhile, West Texas Intermediate (WTI) crude oil closed Friday at $71 per barrel. WTI crude oil had closed Thursday at $70.61 per 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