The number of oil rigs is increasing in the United States of America

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The number of oil rigs in the United States increased by 11 this week.

According to weekly data issued by the oilfield services company Baker Hughes, the number of oil rigs in the country increased from 11 to 492 during the period from January 8 to 14, compared to the previous week.

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The number of oil rigs in the United States increased by 205 rigs last year.

The price of a barrel of Brent oil closed on Thursday at $84.47, and on Friday at $86.36.

The price of a barrel of West Texas Crude Oil (WTI) closed on Friday at $84.28, while WTI crude oil closed at $82.12 on Thursday.