Rig count reverses course

US oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to the latest figures from Baker Hughes, as crude prices pull back after a recent rally to an 11-month high over $51 a barrel.

US rigs: down after three weeks of gains
US rigs: down after three weeks of gains
Published 24 June 2016, 18:39Updated 25 October 2016, 15:26
Americas