Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell for a third week in a row, down 5 to 744 this week. The total active U.S. rig count, which includes oil and natural-gas rigs, declined by 1 to 935, according to Baker Hughes. November West Texas Intermediate crude was down 7 cents, or 0.1%, from Thursday at $50.48 a barrel on the New York Mercantile Exchange, little changed from the level it traded at before the data.
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