US Oil Rigs Slide For 19th Week As Record Retreat Drags On
Oil explorers idled rigs in US fields for the 19th straight week, prolonging an unprecedented retrenchment in drilling. Rigs targeting oil in the U.S. declined by 26 to 734, Baker Hughes Inc. said on its website Friday, a four-year low. Those seeking gas slipped by eight to 217, the Houston-based field services company said. The…