U.S. drilling rig count stays flat in latest Baker Hughes survey

What happened: Baker Hughes reported Friday that the number of oil and gas rigs actively drilling in the U.S. stayed flat at 603 in its latest weekly survey. Key numbers: Total rig count unchanged at 603. The number of rigs targeting crude oil fell, though the content does not state the amount. Why it matters: The unchanged total suggests drilling activity held steady week over week, while the decline in oil-targeted rigs points to a shift within the overall count.

Baker Hughes survey shows flat U.S. rig count, a key oil supply indicator.

Baker Hughes survey shows flat U.S. rig count, a key oil supply indicator. — impact context not separately stored; see What changed.