US rig count returns to growth due to increased oil drilling activity

Summary

The US rig count increased in the first week of March, reflecting a rebound in oil drilling activity. Data from Baker Hughes indicates a positive trend in the oil sector as drilling gains return.

Recent Coverage

• US Rig Count Continues Cautious Climb

  Energy Intel • Mar 13

• Oil Drilling Gains Return US Rig Count to Growth

  Energy Intel • Mar 6