Friday, August 12, 2016

U.S. oil drillers add rigs for 7th week in a row -Baker Hughes

Aug 12 (Reuters) - U.S. drillers this week added oil rigs

for a seventh consecutive week, according to a closely followed

report on Friday, even as analysts revise down rig count growth

forecasts and energy firms become more cautious the longer crude

holds below $50 a barrel.

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