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Oil rig count rises by 15, Baker Hughes survey says

Jan. 27, 2017 1:12 PM ETUCO, USO, OIL-OLD, DBO, UNG, GAZ-OLD, USL, DTO, OLO-OLD, SCO, DNO, UNL, BNO, DCNG, BOIL, KOLD, UGAZF, DGAZF, SZOXF, OILBy: Carl Surran, SA News Editor1 Comment
  • The total U.S. rig count jumped by another 18 to 712 following last week's increase of 35, according to Baker Hughes' weekly survey.
  • The oil rig count rose by 15 to 566 for its 12th increase in the past 13 weeks, while gas rigs gained 3 to 145; one rig is labeled miscellaneous.
  • Levels continue to grow higher vs. a year ago, when 498 oil rigs and 121 gas rigs were active.
  • ETFs: USO, UNG, OIL, UGAZ, UCO, DGAZ, SCO, BNO, BOIL, DBO, GAZ, DTO, USL, KOLD, UNL, DNO, OLO, SZO, DCNG, OLEM

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