The price of WTI crude oil was little changed at around $58.50 per barrel on Friday, after Baker Hughes A GE Co BHGE 0.69% released its weekly U.S. rotary drill rig numbers. Rig counts have been slowly creeping higher for nearly three years now as the oil market recovers from a 2014 price collapse. Baker Hughes announced 1,026 active U.S. rigs on Friday, down 1 rig from last week’s count. The current rig count is near its highest level since early 2015. The updated count represents a year-over-year increase of 36 rigs. Out of the 1,026 active rigs, 833 are drilling primarily for oil and 193 drill primarily for gas. ... (full story)