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US Oil Rigs Decline in Week

M. Ali 18 September, 2020 10:17 pm Commodities, Market Update

Oil and natural gas rigs in the United States increased this week, according to data by Baker Hughes.

Active oil and gas rigs increased by one to 255, but remained 71% below the level of rigs for the same time last year at 613 rigs.

Oil rigs fell by one rig to 179, while natural gas rigs increased by two rigs to 73.

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