Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here comes Baker Hughes...

Elena Holodny,Andy KierszJan 27, 2017, 23:21 IST

REUTERS/Jim Urquhart

The latest reading on the US oil rig count will be out at 1 p.m. ET.

Last week, the US oil rig count resumed its climb, rising by 29 to 551, according to Baker Hughes.

That was the biggest one-week increase since April 2013.

Moreover, the number of active gas rigs rose by six to 142, with miscellaneous rigs unchanged at one. The combined count jumped by 35 to 694.

This followed the prior week's reading, which should the oil rig count fall for the first time in 11 weeks.

Refresh this page for updates at 1 p.m. ET.

Andy Kiersz/Business Insider

NOW WATCH: Here's how to use one of the many apps to buy and trade bitcoin

Please enable Javascript to watch this video