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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

This trend aligns with industry shifts over the past couple of years, as lower oil and gas prices have led operators to prioritize shareholder returns, debt reduction, and capital efficiency over aggressive production increases. crude oil production will rise from a record 13.2 million barrels per day (bpd) in 2024 to around 13.6

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