U.S. producers continue to put rigs back to work, weakening prices
Oil prices were down today as U.S. producers continue to ramp up production and put more rigs back to work, and markets remain concerned about whether or not OPEC will be able to reach a production agreement. U.S. crude oil benchmark WTI was down over 1% while international crude oil benchmark Brent was down nearly 1.5% as Baker Hughes Industries (ticker: BHI) reported 12 more rigs were back to work for the week ended November 4, 2016. The additional rigs brought the total numb...

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