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Number of active drilling rigs for US energy companies decreases for the first time in 6 weeks

Investing.com · ·by G4L

  1. 1Baker Hughes announced that US energy companies reduced the number of active drilling rigs this week.
  2. 2The total count of oil and gas rigs for US energy companies for the week ending November 13 decreased by 3 to 601.
  3. 3The number of oil rigs for US energy companies remained unchanged at 463 this week.

So what's the key point?

US energy companies have reduced the number of equipment used to extract oil and gas for the first time in 6 weeks. The number of rigs fell by 3 to a total of 601 this week.

Source Investing.com · View original ↗

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