U.S. drillers extend rig recovery with oil over $50/bbl -Baker Hughes
October 21, 2016 at 13:02 PM EDT
Oct 21 (Reuters) - The number of rigs drilling for oil in the United States rose again this week, extending its second-best streak of no cuts into a 17th straight week, with analysts expecting more additions as crude prices hold over $50 a barrel. Drillers added 11 oil rigs in the week to Oct. 21, bringing the total count up to 443, the most since February, but still below the 594 rigs seen a year ago, according to energy services firm Baker Hughes Inc on Friday. T