U.S. energy firms this week reduced the number of oil rigs active in the United States even as crude prices continued to trade over $100 a barrel after Russia’s invasion of Ukraine stoked global energy supply concerns. That was the second decline for the oil rig count in three weeks after it fell three in the week to March 4, rose eight in the week to March 11 and fell three in the week to March 18. Despite the decline in oil rigs, the total rig count remained unchanged because drillers added some natural gas and other rigs this week. The total U.S. oil and gas rig count, an early indicator of future output, held steady at 663 in the week to March 18, energy […]