US oil rig count falls from high; gas rigs hit new low

摘要

Houston—The US natural gas rig count hit a fresh 13-year low of 518 for the week that ended July 20 after a drop of four from a week earlier, according to Baker Hughes. The last time active gas rigs fell to such a low level was August 13, 1999, when they hit 510. The US oil rig count, meanwhile, fell 13 from its record high the previous week to 1,414.