The oil-rig count has risen for 22 straight weeks, extending a record-long streak of increases, and the count is at its highest since the week of April 10, 2015.
The gas-rig count increased by one to 186, and miscellaneous rigs dropped by one to zero, making the total rig count 933.
Oil was trading slightly higher around 1:00 pm ET Friday, with the West Texas Intermediate, the US benchmark at $44.71 a barrel, up $0.47 or 1.06% on the day.
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Here's the chart showing how the rig count has developed over the last several years:
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