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US Oil and Gas Rigs Fall by 7 on Week to 622: Baker Hughes

OIL

US oil and gas rigs fell by seven on the week to 622, according to Baker Hughes March 8. This puts total oil and gas rigs at their lowest since Feb. 16 and down 16.6% year-on-year

  • Oil: 504 (-2)
  • Gas: 115 (-4) - Gas rigs have declined to their lowest level since November.
  • Miscellaneous 3 (-1)
  • Canada: 225 (-6)

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