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Here comes the Baker Hughes rig count...

Oilfield services giant Baker Hughes will be out with the latest rig count at 1 p.m. ET. Last week, the US oil rig count rose by three to 428, while the gas rig count fell by two to 94. Miscellaneous rigs rose by one to two, taking the total up two to 524. Oil prices have ticked up slightly over the last couple of weeks to around $50 a barrel. WTI crude oil is down by 0.
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