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U.S. drillers cut oil rigs for first week in four

Christian Fernsby |
U.S. energy firms reduced the number of oil rigs operating for the first time in four weeks.

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Topics: U.S.    OIL    RIG   

Drillers cut 1 oil rig in the week to February 28, bringing the total count down to 678, Baker Hughes said.

In February, drillers added 3 rigs, their second monthly increase in three months.

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