Baker Hughes: US oil drillers add rigs for eighth week in row

22 August 2016, Houston — U.S. drillers this week added oil rigs for an eighth consecutive week, the longest recovery streak in the rig count in over two years, as crude prices rebounded toward the key $50-a-barrel mark that makes the return to the well pad viable. Drillers added 10 oil rigs in a week […] More »