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U.S. oil rig count rises this week but falls for a third month: Baker Hughes

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The U.S. rig count fell for a third month in a row even as drillers added a rig this week for the first time in October, extending the drilling decline that started after crude prices fell below $50 a barrel this summer. 

Drillers added one oil rig in the week to Oct. 27, bringing the total count up to 737, General Electric Co’s Baker Hughes energy services firm said in its closely followed report on Friday.

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