The English website of the Islamic magazine - Al-Mujtama. A leading source of global Islamic and Arabic news, views and information for more than 50 years.
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, decreased by 2 to 443 for the week ending Oct. 22 from 445 the previous week.
The number of US oil rigs rose by 232 compared to one year ago.
At Friday's trading close, the price of international benchmark Brent crude stood at $85.72 per barrel, while American benchmark West Texas Intermediate (WTI) was at $83.98 a barrel./aa