UPDATE 1-U.S. oil drillers cut rigs for 1st time in 12 weeks -Baker Hughes
June 22, 2018 at 13:21 PM EDT
June 22 (Reuters) - U.S. energy companies this week cut one oil rig, the first reduction in 12 weeks, after drillers started to slow down the rate of additions this month as pipeline constraints put a damper on future production.