U.S. oil drillers add rigs for 11th week in 12 -Baker Hughes

Sept 16 (Reuters) - U.S. drillers this week added oil rigs

for an 11th week in the past 12, according to a closely followed

report on Friday, although the rate of increases has slowed as

crude prices remain below the key $50 a barrel level that spurs

a return to the well pad.

That is, however, the longest streak of not cutting rigs

since 2011 with the rig count increasing or holding steady every

week so far this quarter.

Drillers added two oil rigs in the week to Sept. 16,

bringing the t

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