US drillers cut oil and gas rigs for first time in three weeks – Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for first time in three weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by 11 to 630 in the week to Sept. 22, the lowest since February 2022. Baker Hughes said that puts the total rig count down 134 rigs, or 18%, below this time last year. U.S. oil rigs fell by eight to 507 ...
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