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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| GE Aerospace | NYSE:GE | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.85 | 1.14% | 164.49 | 165.74 | 162.0101 | 165.30 | 3,967,223 | 01:00:00 |
From May 2019 to May 2024
By Aisha Al-Muslim
The number of rigs drilling for oil in the U.S. were down by one this week to 833, Baker Hughes, a GE company, reported. This was the fourth week in a row that the number of oil rigs fell, with the total reaching a 10-month low.
The nation's gas rig count was unchanged at 193 in the past week, according to oil-field services company Baker Hughes.
The U.S. offshore-rig count was also unchanged from last week at 22, which is nine more than a year ago.
The U.S. oil rig count is typically viewed as a proxy for activity in the sector. After peaking at 1,609 in October 2014, low oil prices put downward pressure on production and the rig count fell sharply. The oil-rig count has generally been rising since June 2016.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
March 15, 2019 13:31 ET (17:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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