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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 164.11 | 638 | 11:30:06 |
From May 2019 to May 2024
By Aisha Al-Muslim
The number of rigs drilling for oil in the U.S. were up by five this week to 820, Baker Hughes, a General Electric company, reported Friday.
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 unchanged at 192 in the past week, according to oil-field services company Baker Hughes.
The U.S. offshore-rig count was up by two from last week to 18, which is two fewer than a year ago.
Oil prices were down 0.2% at $68.20 a barrel in afternoon trading Friday.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
April 20, 2018 13:28 ET (17:28 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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