Baker Hughes: U.S. energy companies cut oil rig count for ninth straight month

foreign news on august 25, energy services company baker hughes co. said in its closely watched report on friday that u.s. energy companies cut the number of active oil rigs for the ninth straight month, while oil and the total number of natural gas rigs fell for the fourth straight month. the u.s. oil and gas rig count, a leading indicator of future output, fell 10…