The U.S. oil drilling rig count rose this week for the first time in four weeks, boosting the number of rigs in the nation’s biggest oil field to the most in nearly four years. Drillers added eight oil rigs in the week to Oct. 12, bringing the total count to 869, General Electric Co’s Baker Hughes energy services firm said in its closely followed report on Friday. The increase was the biggest weekly gain since mid-August. The U.S. rig count, an early indicator of future output, is higher than a year ago when 743 rigs were active because energy companies have ramped up production to capture prices that are higher in 2018 than 2017. More than half the total U.S. oil rigs are in the Permian Basin, the country’s biggest […]