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US oil and gas rig count rises for second straight week

Baker Hughes says the total US oil and gas rig count rose by four to 595 in the week to September 18, the highest since May 2024.

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US energy firms added rigs for a second straight week for the first time since July, Baker Hughes said in its Friday report. The total oil and gas rig count, an early indicator of future output, rose by four to 595 in the week to September 18, its highest…