Economics
U.S. Rig Count Declines by Four, Baker Hughes Says
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The U.S. oil and gas rig count declined by four to 1,757 this week, with a drop in natural gas rigs partially offset by rising oil drilling, according to data from Baker Hughes Inc.
The gas count dropped by eight to 420, the lowest level of 2013, data posted on Baker Hughes Inc.’s website show. Oil rigs increased by four to 1,333, the field-services company based in Houston said.