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Baker Hughes data reveal a second weekly decline in a row for the U.S. oil-rig count

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 4 to 873 this week. The total active U.S. rig count, however, was unchanged at 1,075, according to Baker Hughes. February West Texas Intermediate crude was down 96 cents, or 1.8%, at $51.63 a barrel from Thursday’s finish and little changed from before the rig data Friday.

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