EXPLORATION

Rig count at four year low

THE latest Baker Hughes rig count is out and it's good news for speculators waiting on higher oil...

Rig count at four year low

Baker Hughes' US crude oil rig count decreased by 56 rigs last week, down from 922 to 866, meaning there are now fewer rigs in the field than at any time since March 2011. It's not the steepest decline...

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