The total number of active U.S. rigs drilling for oil climbed as of July 10, according to data from Baker Hughes released Friday. That marked the second weekly increase in a row. The number of active oil drilling rigs saw a weekly climb of 5 to 645. The total active rig count was at 863, up 1 from last week. Compared to last year, the total rig count has fallen by 1,012, with the oil rig count down 918. August crude was down 11 cents, or 0.2%, at $52.67 a barrel on the New York Mercantile Exchange. That’s about where it was trading before the data.
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