Baker Hughes Total U.S. Rig Count +1 to 885, Oil Rigs +2

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Oil Slumps to Six-Year Low as Demand Fears, Overproduction Weigh (OIL)

August 21, 2015 2:47 PM EDT

Crude oil prices broke below $40 per barrel for the first time since 2009, though the commodity slightly recovered and ended about 2.1 percent lower to $40.45 per barrel.

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