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Find insight on oil rig numbers, crude futures and more in the latest Market Talks covering Energy and Utilities.
The number of total oil and gas drilling rigs in the US fell by 2 to 540, the 13th time the domestic rig count has declined in the past 14 weeks, Baker Hughes reported.
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on oil and gas rigs for the second consecutive week.