Skip to main content

Oil Rig Count Rises for First Time This Year

The number of oil rigs operating in the U.S. has risen for the first time this year, suggesting stabilization in the American market. Analysts say U.S. crude prices have settled around $60 a barrel.

By Mose Buchele, KUT News
Republish
Lead image for this article
Credit: Lindsey Gee

The number of oil rigs operating in the U.S. has risen for the first time this year, suggesting stabilization in the American market. Analysts say U.S. crude prices have settled around $60 a barrel. Read the full story at StateImpact Texas.

Texans need truth. Help us report it.

Independent Texas reporting needs your support. The Texas Tribune delivers fact-based journalism for Texans, by Texans — and our community of members, the readers who donate, make our work possible. Help us bring you and millions of others in-depth news and information. Will you support our nonprofit newsroom with a donation of any amount?

Support independent Texas news

Become a member. Join today.

Choose an amount or learn more about membership.

$20 $25 $50 Other
Donate now

Information about the authors

Mose Buchele

KUT NEWS

Learn more about our publishing partners

Learn about The Texas Tribune’s policies, including our partnership with The Trust Project to increase transparency in news.

Explore related story topics

Energy Environment