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US drillers cut oil rigs with crude price decline

Monday, September 14, 2015 - 05:50


US ENERGY firms cut oil rigs for a second week in a row, data showed on Friday, a sign the latest price declines may be causing some drillers to put on hold their recently announced plans to return to the well pad.

Drillers removed 10 rigs in the week ended Sept 11 and 13

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