Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was down 5 to 742 this week. The oil-rig count had seen no changes over the previous two weeks. The total active U.S. rig count, which includes oil and natural-gas rigs, also fell by 5 to 924, according to Baker Hughes. February West Texas Intermediate crude was down 55 cents, or 0.9%, from Thursday, to $61.46 a barrel, up from $61.40 shortly before the rig data.
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