U.S. drillers cut most oil rigs in a quarter in three years -Baker Hughes

News Wires — U.S. energy firms this week reduced the number of oil rigs operating to their lowest in nearly a year, cutting the most rigs in a quarter in three years despite a 30 percent hike in crude prices so far in 2019. Drillers cut eight oil rigs in the week to March 29, … More »