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Baker Hughes US oil rig count 640 vs 628 prior

Baker Hughes US oil rig count 640 vs 628 prior

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Adam Button
02/07/2015 | 17:02 GMT

Jump in oil drilling rigs

Oil slides after the numbers.

  • Oil and gas rigs 859 vs 862 prior
  • Gas rigs 219 vs 228

It's the first rise in US oil drilling rigs since December and you could argue it means that the shale bust is over.

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