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U.S. oil-rig count down for first time in three weeks

Staff Writer |
Baker Hughes reported that the number of active U.S. rigs drilling for oil edged down by 1 to 764 rigs this week.

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The oil-rig count had previously tallied a two-week rise of 9 rigs.

The total active U.S. rig count, which includes oil and natural-gas rigs, was also down 2 at 950, according to Baker Hughes.

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