U.S. oil rigs falls by 26 rigs last week

Market news

20 April 2015

U.S. oil rigs falls by 26 rigs last week

The oil driller Baker Hughes reported that the number of active U.S. rigs declined by 26 rigs to 734 last week, the lowest weekly level since November 2010.

Combined oil and gas rigs fell by 34 to 954, the lowest level since July 2009.

European stock markets mid session: stocks traded higher on further stimulus by China’s central bank

Thomson Reuters/University of Michigan preliminary consumer sentiment index increases to 95.9 in April

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