Baker Hughes: US Oil Drillers Cut Rigs For 11th Week In A Row - cDiver
U.S. energy firms this week cut oil rigs for an 11th week in a row to the lowest level since December 2009, data showed on Friday, as Exxon Mobil Corp and other producers slashed their drilling rig count to focus on uncompleted wells amid low oil prices. Drillers removed eight oil rigs in the week... Continue Reading »