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Oil Rig Updates: Impact on Oil Production and Oilfield Stocks

Robert Scott
Oil Rig Updates: Impact on Oil Production and Oilfield Stocks

Why Oil's Losing Momentum(Continued from Prior Part)Oil rig countLast week, the oil rig count fell by two to 805—the lowest level since March 30. The rig count tends to follow US crude oil prices with a three-to-six-month lag.Sign up for Bagels