direct: The number of oil drilling rigs in the United States increased for the seventh week in a row, while natural gas rigs declined.
The data of the “Baker Hughes” company issued on Friday revealed that oil exploration platforms in the United States increased by 5 during the week ending today, to reach 226 platforms.
While the number of natural gas exploration platforms decreased by about one, to reach 71 platforms this week.
By 5:05 pm GMT, the price of US NYMEX crude for December delivery was down 4 percent to $ 37.22 a barrel.
While the price of futures contracts for Brent crude for January delivery fell by 3.4 percent at $ 39.38 a barrel.