UPDATE 1-U.S. oil drillers cut rigs despite price recovery -Baker Hughes

(New throughout, adds production data) By Scott DiSavino May 27 (Reuters) - U.S. oil drillers cut rigs for a ninth week in the last 10, energy services company Baker Hughes Inc said on Friday, even as crude prices this week tested a seven-month high at $50 a barrel. Prices were on track to recover for seven out of the last eight weeks, and are now at the high end of a level that analysts and producers had said could soon trigger a return to the well pad. Drillers cut two oil