us drilling slowdown
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Business Oil Edges Above $49, Threatens 2017 Budget Benchmark
Oil edged up to about $49 a barrel on Monday after fewer drilling rigs were added in the United States last week, helping ease concerns that surging shale supplies will undermine OPEC-led production cuts. A sharp drop in U.S. crude inventories in the week to July 7 supported prices last week...- ProfRem
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