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    Rig Count Jumps, EIA Reports Drop In Oil Inventories 

    Are current oil prices supported by a market balance or the onslaught of production outages from Canada, Nigeria and the North Sea? 

    According to the RigData Locations & Operators Report, the U.S rig count gained (+2) to 513 this week. The U.S. Land rig count  gained (+4) to 468.

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