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The number of leagues in the US has fallen to its lowest level since March 2017.
The number of leagues in the US has fallen to its lowest level since March 2017.
Photos: Jon Shapley, Houston Chronicle / Staff Photographer
The number of leagues in the US has fallen to its lowest level since March 2017.
The number of leagues in the US has fallen to its lowest level since March 2017.
Photos: Jon Shapley, Houston Chronicle / Staff Photographer
In the US oil and gas field, the number of drilling rigs declined again a week after the biggest decline in six months.
According to Houston oilfield service company Baker Hughes, the number of US rigs dropped by eight people due to losses in major shale matches. Permian in West Texas and Haynesville in East Texas each lost one piece of equipment. Marcellus in the northeast lost 2.2 weeks. Last week, the league number dropped to 21.
American producers have drawn 245 leagues from the US oil and gas field over the past year, increasing the number of leagues to 822. This is the lowest figure since March 2017.
In response to shale driller's disappointing profits, the decline was fueled by lower oil prices, stronger credit and lower available capital. In the noon trade, oil rose about 3{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} to about $ 55.60 a barrel.