Baker Hughes data show U.S. oil-rig count edged down this week

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 3 to 756 this week. The total active U.S. rig count, which includes oil and natural-gas rigs, rose by 1 to 944, according to Baker Hughes. Oil prices showed little reaction, with October West Texas Intermediate crude down $1.05, or 2.1%, from Thursday at $48.04 a barrel on the New York Mercantile Exchange. It traded at $47.07 before the data.

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