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US oil explorers idle rigs for sixth straight week

2015-10-10 03:30:07| Oil & Gas - Topix.net

Drillers in the Permian sidelined 10 oil rigs, reducing the count there to 230, Baker Hughes said. In the Eagle Ford shale formation, the number fell by 2 to 67. Rigs targeting oil in the US fell by 9 to 605, adding to the 61 sidelined in the previous five weeks and extending a five-year low, Baker Hughes said on its website Friday.

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