U.S. rig count rises by 2, oil rigs edge up 1

|By:, SA News Editor

The total U.S. rig count gained 2 to 1,062, continuing to slow its buildup following last week's increase of just 1, Baker Hughes reports in its latest weekly survey.

Oil rigs added 1 to 862, extending a multiyear high, while gas rigs also gained 1 to 198 and two rigs remained classified as miscellaneous.

ETFs: USO, UNG, OIL, UGAZ, UWT, DGAZ, UCO, DWT, SCO, BNO, BOIL, DBO, DTO, USL, KOLD, UNL, DNO, OLO, SZO, DCNG, OLEM, WTIU, OILK, OILX, WTID, USOI, USOU, GAZB, USOD, UBRT, DBRT, OILD, OILU, USAI