US adds nine rigs

US drillers this week added oil rigs for a fifth week in six, according to a closely followed report Friday, prompting analysts to predict the rig count has bottomed and production will start to edge up early next year.

Permian: Adding more rigs
Permian: Adding more rigs
Published 8 July 2016, 17:48Updated 25 October 2016, 15:21