The the number of active oil and gas rigs fell slightly in the United States this week according to Baker Hughes, after two large drops in the two previous weeks, keeping the overall rig count well below year-ago levels for a third week in a row. The total number of active oil and gas drilling rigs in the United States fell by 1 according to the report, with the number of active oil rigs gaining 2 to reach 807 and the number of gas rigs falling by 3 to reach 183. The combined oil and gas rig count is now down year on year, with oil seeing a 27-rig decrease year on year and gas rigs down 13 since this time last year. At 11:44am EST, WTI was trading up $0.56 (+0.91%) at $62.37—up on the day, but down on the week as record-high production in the United States […]