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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 up by one this week to 799, Baker Hughes, a GE company, reported.
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.
The nation's gas rig count was up by 2 to 179 in the past week, according to oil-field services company Baker Hughes.
The U.S. offshore-rig count was down by 1 from last week to 17, which is unchanged from a year ago.
Oil prices were up 1% at $63.63 a barrel in afternoon trading Friday.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
February 23, 2018 13:29 ET (18:29 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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