U.S. rig count up 4 percent

Daniel J. GraeberFeb. 7 (UPI) — The number of rigs actively exploring for or producing oil or gas in the United States was up 4.4 percent year-on-year in January, Baker Hughes reported.

U.S. retail gas prices holding steady

Daniel J. GraeberFeb. 7 (UPI) — U.S. retail gasoline prices are holding steady as the broader energy market is stuck in a tug of war of oil production trends, a report from AAA finds.