U.S. drillers this week added oil rigs for a tenth week in the past 11, according to a closely followed report on Friday, the longest streak of not cutting rigs since 2011, as the rig count recovered to February levels. After falling 206 rigs in the first half of the year, the rig count has increased or held steady every week so far this quarter. The rig count plunged from a high in October 2014 after crude prices collapsed in the biggest price rout in a generation. Drillers added seven oil rigs in the week to Sept. 9, bringing the total rig count up to 414, energy services firm Baker Hughes Inc said. That is well below the 652 oil rigs active during the same week a […]

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