Drillers cut two oil rigs in the week to Oct. 5, bringing the total count down to 861, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report. This is the longest streak of weekly cuts since October 2017.

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Drillers added seven oil rigs in the week to Sept. 14, the biggest weekly increase in a month, bringing the total count to 867, Baker Hughes, a GE company, said in its weekly report.

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Drillers cut two oil rigs in the week to Sept. 7, bringing the total count down to 860, Baker Hughes, a GE company, said in its weekly report.

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Drillers added two oil rigs in the week to Aug. 31, bringing the total count to 862, according to the report.

The oil rig count fell to 860 in the week to Aug. 24, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

Oilfield equipment maker Schoeller-Bleckmann (SBO) announced a surge in second-quarter earnings on Aug. 23, putting it on course to return to a full-year net profit.

The rig count, an early indicator of future output, held at 869 in the week to Aug. 17, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

Drillers added 10 oil rigs in the week to Aug. 10, bringing the total count to 869, the highest level since March 2015, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

Drillers cut two oil rigs in the week to Aug. 3, bringing the total count down to 859, Baker Hughes, a GE company, said in its weekly report.

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