• The number of active U.S. rigs falls by 12 rigs to 498 last week

Market news

1 February 2016

The number of active U.S. rigs falls by 12 rigs to 498 last week

The oil driller Baker Hughes reported on Friday that the number of active U.S. rigs declined by 12 rigs to 498 last week. It was the lowest level since March 2010.

Combined oil and gas rigs declined by 18 to 619.

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