U.S. energy companies cut three oil rigs in the week ending July 25, bringing the total count to 776, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

US oil & gas rigs

Rigs

A year ago

Previous week

Week ending July 25

Week-on-week change

YoY

Oil

861

779

776

(3)

(85)

Gas

186

174

169

(5)

(17)

Oil & Gas

1047

953

945

(8)

(102)

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