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U.S. drilling rigs spike by 14 for ninth straight weekly gain

May 20, 2022 1:07 PM ETUnited States Oil Fund, LP ETF (USO), UCODBO, USL, SCO, OILK, USOI, NRGU, OILBy: Carl Surran, SA News Editor12 Comments

Working Pumpjacks On Sunset

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Active drilling rigs in the U.S. rose for the ninth consecutive week, surging by 14 to 728, the highest since March 2020 and up 60% from this time a year ago, according to Baker Hughes' latest

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