Energy
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US Oil Rig Count Falls

US Oil Rig Count FallsUS Oil Rig Count Falls

The American oilfield services company Baker Hughes said the number of rigs exploring for oil and natural gas in the US declined by 40 this week to 988 amid depressed oil prices. It was the first time the weekly count was below 1,000 since September 2009, AP reported.

Financialtribune.com