U.S. oil drillers cut rigs for 5th week to Nov 2009 lows – Baker Hughes

23 April 2016, New York — U.S. energy firms cut oil rigs for a fifth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said Friday, as energy firms continue to slash spending despite a bigger than 60 percent spike in futures since hitting near 13-year low […] More »