The U.S. rig count hits 665, one rig higher than at this time last year
The recovery in oil prices has spurred operators in the United States to add more rigs to the active fleet. This has pushed the total number of rigs higher in the first week of 2017 than the first week of last year, as prices continued to fall. There are currently 665 total rigs drilling in the United States, according to Baker Hughes Industries (ticker: BHI), which is symbolic in that the rig count is one more than at this time last year.

Rigs drilling for both crude o...

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