• Number of active U.S. rigs declines by 31 rigs last week

Market news

27 April 2015

Number of active U.S. rigs declines by 31 rigs last week

The oil driller Baker Hughes reported that the number of active U.S. rigs declined by 31 rigs to 703 last week, the lowest weekly level since October 2010.

Combined oil and gas rigs fell by 22 to 932, the lowest level since July 2009.

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