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U.S. oil producers added 21 rigs over the past week, totaling 498, according to the weekly Baker Hughes rig count report released Friday.
Baker Hughes reports that 21 oil rigs were added during the last week, while the gas rig count climbed by six.
On Friday, December 9, investors await economic data and quarterly results from Vail Resorts.
AT&T and Time Warner kicked off a hearing to defend their $84.5 billion merger. AT&T is no stranger to legal battles and anti-trust battles.