U.S. drilling rig count ticks lower, Baker Hughes survey says

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The number of oil and gas rigs actively drilling in the U.S. fell by 1 to 587, ticking lower after rising for 12 of the previous 13 weeks, Baker Hughes said Friday in its latest weekly survey . The number of active drilling rigs targeting crude

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US oil and gas rig counts fell by one to 587, marking the first decline following 12 consecutive weeks of increases. This has caught investors' attention regarding its impact on oil prices.

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The recent decline in US oil and gas rig counts has sparked interest among investors regarding its potential impact on oil prices.

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