The number of active oil and gas rigs in the United States increased on Friday by 2. Both benchmarks were trading up earlier on Friday on reports of an evacuation of Libya’s oil port earlier in the day, assuaging, albeit temporary, market fears that OPEC’s surprising compliance of 90 percent may offset by nonparticipants’ production increases—including Libya. Further pushing up oil prices earlier in the day was the falling dollar . The total number of active oil and gas rigs in the United States is now 756, according to oilfield services provider Baker Hughes , which is 267 rigs above the rig count a year ago. The number of oil rigs increased this week by 7, up from 602 last week to 609 this week. This week marks the seventh week in a row of increases to the number of active oil rigs in the United States—the most active […]