U.S. oil drillers cut rigs for 2nd week in three -Baker Hughes

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U.S. oil drillers cut rigs for 2nd week in three -Baker Hughes

21 January 2017, News Wires – U.S. energy companies this week cut oil rigs for the second time in three weeks even thoughcrude prices traded near their highest level since 2014. Drillers cut five oil rigs in the week to Jan. 19, bringing the total count down to 747, General Electric Co’s Baker Hughes energy …

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