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

Oil Gas Leads

Offshore drilling activity increased , with the rig count rising by one to 14. rig count is down by 30 rigs (-5%) , which includes declines of 18 oil rigs and 14 gas rigs. crude oil production will rise from a record 13.2 Crude oil production remains on track for record levels , even as rig counts fluctuate.

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