U.S. Drillers Cut Oil and Gas Rigs for Fifth Week in a Row – Baker Hughes

Aug 11 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by five to 654 … Read more

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