U.S. Oil Drillers Park One Rig as Production Continues ClimbBy
Rig activity declines expected to accelerate in coming weeks
As many as another 100 rigs are expected to lose work
Explorers parked one more drilling rig in U.S. oilfields this week as producers strive to make good on a government forecast that daily production will fall by a million barrels in the next two years.
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