Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 12 to 205—a gain that may push prices down further. The total number of active oil and gas rigs increased for the week by 13, with oil rigs rising by 12 and gas rigs rising by 1. Total oil and gas rigs in the United States are now down by 569 compared to this time last year. The EIA’s estimate for oil production in the United States fell during the week ending October 9—the last week for which there is data, to 10.5 million barrels of oil per day. U.S. oil production is down 2.6 million bpd from its all-time high reached earlier this year. Canada’s overall rig count stayed the same this week. Oil and gas rigs in Canada are now at 80 active rigs, and down 63 year on year. […]