U.S. oil & gas rig count falls for fourth week in five- Baker Hughes


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U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks even as oil prices remain relatively high.

The U.S. oil and gas rig count, an early indicator of future output, fell by 5 to 760 in the week to Sept. 2, energy services firm Baker Hughes Co said in its closely followed report on Friday. (Reporting by Kavya Guduru and Seher Dareen in Bengaluru; Editing by Chizu Nomiyama)



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