The number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, keeping the overall rig count well below year-ago levels for a fourth week in a row. The total number of active oil and gas drilling rigs in the United States fell by 2 according to the report, with the number of active oil rigs falling 2 to reach 805 and the number of gas rigs holding steady at 183. The combined oil and gas rig count is 988, with oil seeing a 39-rig decrease year on year and gas rigs down 16 since this time last year. The combined oil and gas rig count is down 57 year on year. At 10:43am EST, WTI was trading up slightly $0.05 (+0.08%) at $61.75—up on the day, but down on the week […]