Oil Up for 7th Day But First-half Drop Biggest Since 1998



While U.S. drillers cut two oil rigs in the week to June 30, the total rig count of 756 is still more than double the count the same week a year ago, Baker Hughes said on Friday. (Additional reporting by Karolin Schaps in London, Naveen Thukral in Singapore; editing by David Gregorio)


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