Anonymous
ID: xBq2SprM
7/12/2025, 12:14:39 AM No.510128528
https://www.reuters.com/business/energy/us-oilgas-rig-count-down-11th-week-lowest-since-2021-baker-hughes-says-2025-07-11/
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday.
The oil and gas rig count, an early indicator of future output, fell by two to 537 in the week to July 11, the lowest since October 2021.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday.
The oil and gas rig count, an early indicator of future output, fell by two to 537 in the week to July 11, the lowest since October 2021.
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