US active drilling rigs increased to 588 this week, though still down 33 from last year.

The number of active drilling rigs in the US rose by two this week to 588, according to Baker Hughes data, with 481 oil rigs and 101 gas rigs. Despite this week's increase, the total rig count is down 33 from last year. The Permian Basin, a key oil-producing region, saw a slight rise in activity, but remains below last year's levels. Crude oil prices have fluctuated, with WTI down and Brent slightly up compared to last week.