Mumbai, Oct. 19 -- The US energy firms added oil and natural gas rigs for the fifth week in a row for the first time since February 2025, energy services firm Baker Hughes said on Friday. The oil and gas rig count, an early indicator of future output, moved up by seven to 558 in the week to May 22, it's highest since June 2025. However, the total count was still down eight rigs below this time last year. Baker Hughes said oil rigs rose by 10 to 425 this week, their highest since July 2025, while gas rigs fell by three to 125, their lowest since mid-April, and other miscellaneous rigs held steady at eight.
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