Baker Hughes data reveal a second weekly decline in a row for the U.S. oil-rig count


Baker Hughes

BHGE, -1.09%

on Friday reported that the number of active U.S. rigs drilling for oil fell by 4 to 873 this week. The total active U.S. rig count, however, was unchanged at 1,075, according to Baker Hughes. February West Texas Intermediate crude

CLG9, -2.13%

was down 96 cents, or 1.8%, at $51.63 a barrel from Thursday’s finish and little changed from before the rig data Friday.

Have breaking news sent to your inbox. Subscribe to MarketWatch’s free Bulletin emails. Sign up here.

Leave a Reply

Your email address will not be published. Required fields are marked *