While the U.S. added to its weekly oil and gas rig count, Oklahoma’s count dropped by one to hit 122, according to figures from Baker Hughes Company. The latest oil and gas rig count report showed the national count is at 915 which reflects the addition of eight new rigs. Compared to a year ago, …
November 19, 2017 archive
WTI, Brent Crude Jump on Friday, End Lower for the Week
Rebounding from a two-week low, oil prices surged on Friday, according to Bloomberg MarketWatch. December West Texas Intermediate crude jumped by $1.41, or 2.6%, to settle at $56.55 a barrel on the New York Mercantile Exchange, ahead of the contract’s expiration at Monday’s settlement. January Brent crude, the global benchmark, gained $1.36, or 2.2%, to end trading …