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Drillers idle rigs for third week amid low oil prices - The Australian Financial Review
The Australian Financial Review | Drillers idle rigs for third week amid low oil prices The Australian Financial Review Rigs targeting oil in the US fell by 8 to 644, Baker Hughes said on its website Friday. Bloomberg. by David Wethe. US oil explorers idled rigs for a third straight week as worries about oversupplies and weakening demand kept crude prices below $US50 ... The oil rig count fell again this week, according to driller Baker Hughes. Crude Oil Prices Rose 6% on the EIA's Inventory Report US oil drillers cut rigs for third week on weak crude prices -Baker Hughes |
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