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US oil rig count rises for 9th straight week

Robust US output has undermined efforts by the Organization of Petroleum Exporting countries to lift prices by cutting output.

Environmental activists from the Duwamish Tribe protest the arrival of the Polar Pioneer, an oil drilling rig owned by Shell Oil, as it arrives on May 14, 2015 in Seattle, Washington.

The US oil-rig count rose this week by 14 to a total of 631, oilfield-services giant Baker Hughes said.

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The gas-rig count rose by six to 157. One miscellaneous rig was brought online, and so the total rig count rose by 21 to 789.

The oil-rig count is a key proxy for US production levels and shale-industry investment. Robust output has undermined efforts by the Organization of Petroleum Exporting countries to lift prices by cutting output.

Last week, the oil-rig count rose by eight and t

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