You are here

US oil drillers cut rigs despite price recovery: Baker Hughes

New York

US oil drillers cut rigs for a ninth week in the last 10, energy services company Baker Hughes Inc said on Friday, even as crude prices last week tested a seven-month high at US$50 a barrel.

Prices were on track to recover for seven out of the last eight weeks, and are now

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom