Canada's Oil Rebound Elusive as Rig Count Drops to Record LowBy and
Only 37, or 6%, of the country's 671 rigs are currently in use
Companies keep `cutting and really there's no more to cut'
Rig activity in Canada’s oil fields has reached a record low, weekly industry data show, a sign that rebounding prices have yet to put an end to the industry’s woes.
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