(Reuters) - Weak natural gas prices and an early thaw in the first half of the year prompted energy companies to sharply curtail their exploration in Canada, which in turn cut into oilfield service revenues.
For example, the number of rigs actively looking for oil in Canada fell 51 percent in the second quarter from year-earlier levels, Baker Hughes said.
Read more at Reuters.com Business News
For example, the number of rigs actively looking for oil in Canada fell 51 percent in the second quarter from year-earlier levels, Baker Hughes said.
Read more at Reuters.com Business News
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