Economics
U.S. Oil Rig Count Declines by 13, Baker Hughes Says
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Rigs targeting oil in the U.S. dropped by 13 this week after crude futures traded below $80 a barrel for the third time in a month.
Rigs drilling for crude declined to 1,582, Baker Hughes Inc. said today. Gas rigs were up 14 to 346, data posted on the Houston-based field services company’s website show. Miscellaneous rigs rose by one to one.