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Baker Hughes reports a decline in the weekly U.S. oil-rig count


Baker Hughes BHGE, +0.10% on Friday reported that the number of active U.S. rigs drilling for oil was down 4 at 747 this week. The decline follows increases over the last three weeks in a row. The total active U.S. rig count, which includes oil and natural-gas rigs, also fell by 1 to 930, according to Baker Hughes. January West Texas Intermediate crude CLF8, +0.40% was up 31 cents, or 0.5%, from Thursday, to $57.35 a barrel, up from $57.31 shortly before the rig data.

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