The number of oil rigs in the U.S. dropped to 816 in the week ending March 29, down by eight over the previous week, according to data released by oilfield services company Baker Hughes on Friday.
That is the first time the rig count declined for six weeks in a row since May 2016.
As the number of oil rigs fell for a sixth-straight week, it also reached to the lowest level since April 2018.
Following the decrease in the oil rig count, crude oil prices showed gains in the global market on Friday, with international benchmark Brent crude closing at $67.88 per barrel while American benchmark West Texas Intermediate finished the day at $60.23 a barrel.
By Firdevs Yuksel
Anadolu Agency
energy@aa.com.tr