US rig count falls by 40

The number of rigs drilling for oil and gas in the US continued its decline this week, as Baker Hughes dropped its quarterly well count, both due to the drop in oil prices.

Rig count: falls below 1000 for first time since 2009
Rig count: falls below 1000 for first time since 2009
Published 10 April 2015, 17:52Updated 17 October 2016, 12:53