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US Oil Rig Count Drops to Lowest Since December 2016

2020-04-09 19:47:42| OGI

Drillers cut 58 oil rigs in the week to April 9, bringing down the total count to 504, energy services firm Baker Hughes Co. said in its weekly report.

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OPEC Oil Output Drops To Lowest In Over A Decade

2020-03-03 11:10:00| OGI

February's output was the lowest by OPEC since at least 2009, the year in which the group implemented its biggest-ever supply cut due to the financial crisis.

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US Oil Rig Count Drops As Oil Prices Fall

2020-01-31 19:30:38| OGI

Drillers cut one oil rig in the week to Jan. 31, bringing down the total count to 675, energy services firm Baker Hughes Co. said in its weekly report.

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Oil Drops Below $60 As China Virus Stokes Demand Concern

2020-01-27 16:52:47| OGI

Both Brent and WTI suffer hits of more than 3%.

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US Oil Rig Count Drops By Five

2019-12-06 19:18:49| OGI

Baker Hughes reported the oil rig count fell to 663 this week, the lowest since April 2017.

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