Economics
Oil Rigs in U.S. Rise for Third Week, Baker Hughes Says
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The number of oil rigs drilling in the U.S. rose for the third consecutive week, Baker Hughes Inc. said. Natural gas rigs were little changed near the lowest level in 14 years.
Oil rigs increased by 30 to 1,387, the highest level since Nov. 23. They have jumped by 63 in the past three weeks, the biggest three-week advance in more than a year.