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U.S. oil drillers pull 7 rigs, biggest drop since late May - Baker Hughes

2015-06-13 05:53:41| Oil & Gas - Topix.net

The market has been waiting for the slowdown in the rig count to stop as crude prices have rebounded over the past few months, but this week's slowdown showed oil drillers were not yet done cutting the number of rigs. Energy firms pulled another seven rigs from U.S. oil fields this week, the most since late May, oil services company Baker Hughes Inc said on Friday in its closely followed report.

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