US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes-March 2024-www.financetom.com

US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes

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US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes

Mar 8, 2024 10:37 AM

March 8 (Reuters) - U.S. energy firms this week cut the

number of oil and natural gas rigs operating for the first time

in three weeks, energy services firm Baker Hughes ( BKR ) said

in its closely followed report on Friday.

The oil and gas rig count, an early indicator of future

output, fell by seven to 622 in the week to March 8, the lowest

since Feb. 16.

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