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Oil holds sharp gain after Baker Hughes weekly rig count data show oil rigs jumped by 10

Baker Hughes BHGE, +zero.23% on Friday reported that the collection of energetic U.S. rigs drilling for oil increased via 10 to 869 for the week, coming after the file confirmed a decline of two within the earlier period. September West Texas Intermediate crude CLU8, +1.41% traded at $67.55 a barrel, up 75 cents, or 1.1%, in Friday motion, little changed from business prior the file. The total energetic U.S. rig depend, which incorporates oil and natural-gas rigs, increased via 13 to at least one,057 from 1,044, according to Baker Hughes.

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