Baker Hughes on Friday reported that the number of U.S. rigs actively drilling for oil and natural gas as of Feb. 27 fell 43 rigs to 1,267. The rig count is down 502 from the same time last year. The number of oil rigs fell 33 to 986. April oil was last at $48.78, up 61 cents, or 1.3%. It was trading around $49.29 before the data.
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