The number of oil drilling rigs in the US decreased by five units to 409 in the week ending March 27, according to data released Friday by Baker Hughes.
Meanwhile, natural gas rigs declined nine units to 536 during the same period.
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 484 | 414 | 409 | (5) | (75) |
| Gas | 103 | 131 | 127 | (4) | 24 |
| Oil & Gas | 587 | 545 | 536 | (9) | (51) |
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