Baker Hughes data show a third-straight weekly climb in U.S. oil-drilling rigs

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Baker Hughes
BKR,
-2.92%
on Friday reported that the number of active U.S. rigs drilling for oil was up by two at 380 this week. That marked a third weekly rise in a row. The total active U.S. rig count, which includes those drilling for natural gas, rose by five to stand at 484, according to Baker Hughes. August West Texas Intermediate crude
CLQ21,
-0.50%
continued to trade higher for the session. The contract was up 34 cents, or 0.5%, to $71.99 a barrel on the New York Mercantile Exchange.

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