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26 Feb
18:40

US rigs rise by 5, Canada down 9

The US rig count has swung back positive, while Canada’s count continues to decline, Kallanish learns from energy information provider Baker Hughes.  The US rig count increased by five net rigs in the week ended 26 February to 402, still down 388 from last year.  Rigs geared for oil production increased by four, while rigs geared for natural gas production rose by one.  Texas led the net gains by state with three, while West Virginia posted …
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