KM Financial Solutions | U.S. oil drillers cut rigs for first week in three -Baker Hughes
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U.S. oil drillers cut rigs for first week in three -Baker Hughes

U.S. oil drillers cut rigs for first week in three -Baker Hughes

March 29 (Reuters) – U.S. energy companies this week cut oil
rigs for the first time in three weeks even as crude prices
hover near three-year highs.
Drillers cut six oil rigs in the week to March 29, bringing
the total count down to 798, General Electric Co’s Baker
Hughes energy services firm said in its closely followed report
on Thursday.
Baker Hughes published its North American rig count report
on Thursday, one day earlier than usual, due to the Goo

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