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Breaking News

Energy Fuels Acquires Strathmore Minerals for C$29.1 Million

Resource Market News Return to Resource Market News Directory

Number of Oil and Natural Gas Rigs Drops by 18

Friday July 20, 2012, 5:58pm PDT

Business Week reported that the number of oil and natural gas rigs in the U.S. dropped by 18.

As quoted in the market news:

Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,414 rigs were exploring for oil and 518 were searching for gas.

Click here to read the full Business Week report.

Tags: oil, oil futures, Oil Market News, oil news, oil price, oil value


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