U.S. Oil Rigs Rise by 10 in Baker Hughes Report

The number of active oil rigs in the U.S. increased by 7 to reach a four-year high, according to Baker Hughes' latest report. This marks five consecutive weeks of growth and could signal rising production activity.

By Carl Surran, SA News Editor · Seeking Alpha · May 22, 2026, 20:14 UTC

U.S. Oil Rigs Rise by 10 in Baker Hughes Report

Tickers: $BKR

Topics: Baker Hughes report drilling activity rig counts

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