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U.S. Commodity Futures Trading Commission

Oil prices hit three-month low as U.S. rig count climbs

Oil prices hit three-month low as U.S. rig count climbs

Mon, Mar 13, 2017

U.S. drillers added oil rigs for an eighth consecutive week, Baker Hughes said on Friday, as energy companies increased spending to take advantage of a recovery in crude prices since the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut output. 

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