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US oil and gas rig count rises to highest since June, says Baker Hughes

Reuters
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U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June .

The oil and gas rig count, an early indicator of future output, rose by four to 592 in the week to February 21 .

Baker Hughes said the total rig count was still down 34 , or 5% below this time last year .