The number of active oil and natural gas rigs in the U.S. rose to a 22-year high of 1,901 this week, after declining for the previous two weeks, according to data published by Baker Hughes Inc.
Canadian rigs rose by 12 from June 6 to 230, the highest since March 21.
U.S. rigs exploring for or producing oil or natural gas increased by 15 in the week ended Thursday to the highest since December 1985. The count rose by 141, or eight per cent, from a year ago.
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