The U.S. oil rig count rose this week to 450—a 6-rig increase since last week The total rig count is now at 550, up 250 from this time last year Canada’s overall rig count decreased by 6 The number of oil and gas rigs in the United States rose by 6 this week, according to Baker Hughes . The total rig count is now at 550, up 250 from this time last year, but still under the 790 active rigs as of March 2020. The U.S. oil rig count rose this week to 450—a 6-rig increase since last week, and a 224 rig increase since this time last year. The number of gas rigs stayed the same, as did miscellaneous rigs. The EIA’s estimate for oil production in the United States for the week ending October 29 rose 200,000 bpd, to 11.5 million bpd—matching this year’s record set on […]