Rig count relatively stable during the past week; crude futures up.

The U.S. gas rig count was stable this past week, but it remained at a record low. July, overall, marked the smallest monthly decline due to a recovery in prices. Before this week, the count had hit all-time lows for 12 straight weeks.

U.S. oil rigs fell by one to 180 this week, while gas rigs increased one to 69.

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