{"id":7862,"date":"2023-05-12T13:26:25","date_gmt":"2023-05-12T17:26:25","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/baker-hughes-data-show-a-second-weekly-fall-in-active-u-s-oil-drilling-rigs\/"},"modified":"2023-05-12T13:26:26","modified_gmt":"2023-05-12T17:26:26","slug":"baker-hughes-data-show-a-second-weekly-fall-in-active-u-s-oil-drilling-rigs","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=7862","title":{"rendered":"Baker Hughes data show a second-weekly fall in active U.S. oil-drilling rigs"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002049385\" role=\"document\">\n<p>Baker Hughes<br \/>\n        BKR,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205323712\/composite\" class=\"positive\">+1.39%<\/bg-quote><br \/>\n       on Friday reported that the weekly number of active U.S. rigs drilling for oil fell by two to 586 this week. The number of oil rigs had fallen by three in the previous week. The total active U.S. rig count, which includes those drilling for natural gas, saw a much larger decline of 17 to stand at 731, according to Baker Hughes. Oil prices traded lower, but remained above the key $70 level. The June West Texas Intermediate crude contract<br \/>\n        CLM23,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209724952\/delayed\" class=\"negative\">-1.20%<\/bg-quote><br \/>\n       was down 60 cents, or 0.9%, at $70.27 a barrel on the New York Mercantile Exchange.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/baker-hughes-data-show-a-second-weekly-fall-in-active-u-s-oil-drilling-rigs-e2abd3e3?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baker Hughes BKR, +1.39% on Friday reported that the weekly number of active U.S. rigs drilling for oil fell by two to 586 this week. The number of oil rigs had fallen by three in the previous week. The total active U.S. rig count, which includes those drilling for natural gas, saw a much larger [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-7862","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Baker Hughes data show a second-weekly fall in active U.S. oil-drilling rigs | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Baker Hughes BKR, +1.39% on Friday reported that the weekly number of active U.S. rigs drilling for oil fell by two to 586 this week. The number of oil\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=7862\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baker Hughes data show a second-weekly fall in active U.S. oil-drilling rigs | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Baker Hughes BKR, +1.39% on Friday reported that the weekly number of active U.S. rigs drilling for oil fell by two to 586 this week. 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