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More evidence that producers are retreating from natural gas drilling, as Baker Hughes (BHI)...

More evidence that producers are retreating from natural gas drilling, as Baker Hughes (BHI) reports the number of drilling rigs actively exploring or developing oil worldwide in June rose 4.5% from May and 7% Y/Y, and for the first time since 1990 the international count included Iraq, which helped offset the month-to-month decline in U.S. rigs.
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