: Baker Hughes reports a weekly climb in active U.S. oil-drilling rigs

Baker Hughes BKR on Friday reported that the number of active U.S. rigs drilling for oil rose by 6 to 500 this week. That followed two consecutive weekly declines. The total active U.S. rig count, which includes those drilling for natural gas, also climbed by 2 to stand at 618, according to Baker Hughes. Oil prices continued to trade higher in Friday dealings, with December West Texas Intermediate crude CLZ23 up $2.89, or 4%, at $75.79 a barrel on the New York Mercantile Exchange.

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