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Reuters

Reuters

US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says

Reuters
Summary
Nutrition label

81% Informative

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021 .

The oil and gas rig count fell by four to 580 in the week to Jan. 17 .

Baker Hughes said this week 's decline puts the total rig count down 40 rigs, or 6% below this time last year .

VR Score

92

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96

Neutral language

91

Article tone

formal

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English

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36

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not offensive

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short-lived

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