Baker Hughes reports a rise in the weekly U.S. oil-rig count

Baker Hughes on Wednesday reported that the number of active U.S. rigs drilling for oil was up 9 at 747 this week. The report was issued ahead of the usual Friday release because of Thursday’s Thanksgiving holiday. The total active U.S. rig count, which includes oil and natural-gas rigs, climbed by 8 to 923, according to Baker Hughes. January West Texas Intermediate crude was up 93 cents, or 1.6%, from Tuesday, to $57.76 a barrel. Prices traded at $57.73 shortly before the rig data.

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