U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.

The Rotary Rig Count from Baker Hughes drops to its lowest total in more than three years. The weekly U.S. tally is down ...

Russia's oil-patch tax policy, along with tanking crude prices, are making the country's critical export unprofitable.

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a year ...

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Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

The latest EIA data showed that weekly U.S. crude oil production rose, from 13.387 million bpd to 13.392 million bpd. The ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The US drilling rig count decreased for the fifth consecutive week, signaling a potential tightening of future supplies of oil in the world’s largest economy, according to Baker Hughes. The US oil rig ...

The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.