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US oil rig count down by 2 for week ending Oct. 28

- Number of US oil rigs rise by 166 compared to one year ago

The oil rig count in the US decreased this week, according to the latest data released by oilfield services company Baker Hughes on Friday.

The number of oil rigs, an indicator of short-term production in the country, fall by 2 to 610 for the week ending Oct.28 from 612 the previous week.

The number of US oil rigs rose by 166 compared to one year ago.

At Friday's trading close, the price of international benchmark Brent crude stood at $93.77 per barrel, while American benchmark West Texas Intermediate (WTI) was at $87.90 a barrel.

By Gulsen Cagatay

Anadolu Agency

energy@aa.com.tr