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Baker Hughes reports a second straight weekly rise in the U.S. oil-rig count

Baker Hughes BHGE, -1.95% on Friday reported that the selection of energetic U.S. rigs drilling for oil rose by way of four to 804 this week. The oil-rig rely had also climbed by way of four last week. The total energetic U.S. rig rely, which includes oil and natural-gas rigs, also climbed by way of five to 995, in step with Baker Hughes. May West Texas Intermediate crude CLK8, +2.24% was once up $1.06, or 1.7%, from Thursday, to $65.36 a barrel, little modified from shortly ahead of the rig information.

Read the whole tale: Oil rankings greatest weekly achieve in 8 months