Baker Hughes: The U.S. oil and gas rig count rose by 11 in February, the largest monthly increase since November 2022.
Baker Hughes Oil Services: The number of oil rigs in the United States fell to its lowest level since December 2021, and the number of natural gas rigs fell to its lowest level since August 2021.
Baker Hughes Oil Services: The number of U.S. natural gas rigs has declined for the fourth consecutive month for the first time since July 2020.