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Baker Hughes oil rig count -12 to 407

Baker Hughes oil rig count -12 to 407

Commodities
Greg Michalowski
1 hour ago
  • Big decline in oil rig count for the week
Oil pumpjack ominous
Oil analysis with tradeCompass

Baker Hughes oil rig count fell sharply by -12 to 407.

Natural gas rigs rose 3 to 130

Total rigs fell -10 t0 544,

It makes you wonder if the lower prices are taking some of the marginal oil rigs offline.

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