UPDATE 1-U.S. oil drillers cut rigs for sixth straight week - Baker Hughes
(Adds basin details) Jan 29 (Reuters) - U.S. energy firms cut oil rigs for the sixth straight week, data showed on Friday, and were expected to shed more with major U.S. shale oil companies slashing spending plans after crude prices hit 12-year lows. Drillers removed 12 oil rigs in the week ended Jan. 29, bringing the rig count down to 498, the least since March 2010, oil services company Baker Hughes Inc said. That compares with 1,223 rigs in same week a year ago. In 2015, drille