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U.S. oil drillers cut rigs for second week since January: Baker Hughes


U.S. oil drillers cut rigs for a second week since January as crude prices have declined in recent months despite an OPEC-led effort to cut production and end a multi-year glut. 

Analysts, however, noted weekly declines in the rig count were likely just a brief pause in a drilling recovery expected to continue through at least 2019.

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